I’ve considered a construction loan to build everything at once, but the stringent conditions and potential delays make me hesitant, especially since this would be my first time seeking such a loan.I would appreciate any advice on the best way to make this work.

Laud area-Cash flow is minimal, $300 a month-Selling now would allow opening up of equity to redeploy in another market with over 2x the cash flow for a new build-New market won't appreciate as much as FL though (not even close)-Current home will likely get hit with higher taxes, insurance etc. in coming year and years to come-Biggest reason to consider just keeping current property?

.: Quote from @Frank Arjun:They gave me minimal paperwork, the whole thing reeked of a scam, I was just too stupid to catch itI agree that you bear personal responsibility for what happened.

Yes, you owe $151k, but if a cash buyer sees the value, you could minimize your losses.Legal Options: I get that hiring a lawyer isn’t feasible right now, but I would still document everything (contracts, payments, correspondence) in case you’re able to pursue the contractor legally in the future.

Don't delay because you have a double deposit.Double deposit, plus first month (prorated rent) and any other move-in cost before they get the keys in certified funds, no checks or promises to pay.  2.

This way you know you are in good hands and that it will take minimal involvement from your end on all aspects of your investment.

A turn-key property allows you to walk into something that is ready to go to be rented out with minimal repairs, or it potentially already has tenants in place.

Areas with ongoing infrastructure projects can also indicate future growth.Condition of Properties: Look for properties that are well-maintained and require minimal repairs.

I’ve seen some companies try to delay, hoping you’ll give up.Hire a Public Adjuster:If this is your first time, don’t try to handle it alone.

., with high appreciation, you can use cash-out refinancing to buy additional properties with minimal additional capital from your savings.Lasts throughout your lifetime: For your tenants to continue paying similar rent, they must remain employed at comparable wages.