The only exception(s) to this (if any) are the items reflected on theaccompanying Escrow Holdback Agreement, if applicable.Citizens is authorized to disburse the final draw in the amount of $________________ in accordancewith the executed Disbursement Authorization on file.It is understood that, in the event the Borrower(s) are dissatisfied in any way whatsoever with theremaining construction after completion by the General Contractor, their sole recourse is against theGeneral Contractor.Borrower(s) and General Contractor, jointly and severally, agree forever to fully protect, defend, andsave harmless Lender from and against any right, interest, claim, and each and every of them, ofBorrower(s) or General Contractor against the Lender, against all losses, costs, damages, and attorneyfees and expenses of every kind and nature which the Lender may suffer, expend, or incur under or byreason or in consequence of holding the remaining proceeds as provided herein."

Begin with this foundational step, and the rest will naturally align.

The property has natural appreciation approaching $200K since purchase.  

EVERY time we purchase a property(MLS or direct with seller) we present and get signed a Notice to Seller that spells out exactly the nature of the transaction. 

The initial returns are lower on paper in better locations (lower cap rate, less initial cashflow according to the magic spreadsheet), but the overall returns in reality are much better including all the different ways people make money in real estate (gained equity through natural and forced appreciation, principle pay-down, increasing rents= higher cash flow when looking at the big picture if you buy and hold, depreciation tax benefits, plus way less of the big profit killers like turnover, non-paying tenants, property damage and theft, dealing with bad contractors because good ones don’t choose to work in bad areas either, etc.). 

Sanjeev Advani, a beacon for professionals and investors alike within these industries, offers a deep dive into strategies that promise not just survival but prosperity in these competitive fields.Navigating Real Estate with AcumenThe real estate market, with its cyclical nature and regional nuances, requires a keen eye and a forward-thinking mindset.

I agree with @James Hamling on the "reactive" nature of the Fed. 

naturally.

The detailed nature of the estimator was surprising but helpful.

My work in the home over those 4 yrs as the renter had raised the value of the home in addition to the 4 yrs of appreciation the house had naturally.