Are we comparing bacon to Christmas trees, to apples, to venus fly traps, to tomatoes, to grapes, to kelp? 

@Greg Kasmer i have not, im a new investor in the commercial and assumed due to my lack of experience it would be an issue

They are still high due to my lack of experience, but even then its much less.

I'm not too hung up on this, because the margins still appear very attractive (from what the agent speculated ARV). my hesitancy stems from a lack of experience and direct steps/plan of action to take on a property I like. 

In my case, I went with a basic personal loan initially because it was more lenient with my lack of work history, even though the rates were slightly higher.Some resources, like Loansinfinland.fi, can be super useful for comparing loan options for unique situations like yours.

The main issue is a consistent lack of effective management and oversight.

. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.

During the renovation, I faced several challenges due to the home’s age and hidden damages, including ruptured plumbing, termite infestation, rotted wood, and lack of insulation.

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?