It's a small college town, and no competition except from my sister.  

got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans 

The stock account is tanking, you see no hope for it to return, and you want to preserve the remainder of the principal;3.

So no you just bought a lot worth $25,000 for $100,000. 

•If jobless claims are low (below 210,000): The labor market remains strong, keeping the Fed in no rush to cut rates.

It's a shared house so they have no renter's rights giving the owner huge leverage and control. 

Full credit/background check:  Look for missed payments, and any theft is always a no go.2.)

Period, full-stop, no exceptions. 

. $150k down, 5 year balloon, 8% interest, no inspections, repairs, or appraisal, $20k over asking, and most importantly.

No problem.