That would be like getting a Ferrari so you could occasionally head to the corner store for a gallon of milk.

Could be worth checking out... also a good indicator that we have reached the top of this RE cycle- so beware less you end up carrying an upside  down mortgage come 2017!

Getting it sold is more important than milking every penny.

I'm sure most areas aren't as water focused as we in California are, but, have any of you used gray water to recycle the water from showers, washing machines, etc. ?

The unparalleled climate and limited land is what often drives the demand in our RE cycles.

@Susan Perry   everyone has a personal opinion on debt.. and if you don't like debt don't go into debt.. especially as we age... and it depends on how much cash you have, I have to assume your not spending your last liquid cent on this place.. people that are much younger or starting out and want to build empires they need debt no two ways about it.I had two very wealthy partners last decade  1. old school ( owned a bunch of garbage companies and recycle centers.) and he had zero debt.. and it was funny listening to people try to rationalize why he should take on debt.2.

Next thing you know the 25% margin and 100 a month positive cash flow was really negative 100 a month and within a few short years they lose it all.. one turn over were it cost 7k  they don't have the funds... saw it happen hundreds of times... failed landlords in the mid west SF space create 50% of todays new inventory.. its just recycled.

They’d like to recycle their money into a different project every 90 to 120 days. 2.I have another funding partner who believes that short-term projects can make high returns, but that money will sit on the sidelines between projects earning zero.

This all is really just a way for me to get to drink chocolate milk.

These are what I like to call recycled product ( Quote by "Jay Hinrichs") , which usually has a 5 - 8 year shelf life.