By being able to offer cash, close quickly and absorb the significant cost of repairs because I do not have to pay for capital.

By being able to offer cash, close quickly and absorb the significant cost of repairs because I do not have to pay for capital.

Example 2 is more or less the same thing but without an additional unit to absorb part of your costs. 

The asking price and my offer are about $15/sqft higher than the highest comp in the neighborhood, but I am willing to absorb the loss to keep my family happy(3 kids and a puppy making life hectic in my current home).

Most people who are wiped out in a crash are speculators and those buying on the margins, i.e. they have little to no cash of their own and are heavily leveraged or can't absorb any hits on their portfolio. 

I think I have more business than I can absorb.

Considerations i appreciate so far:- Obviously the most expensive, the more ability to absorb the cost of performing the study, and the more building value to depreciate in general- Would you focus more on multifam but in class B-C?

Definitely I still have a lot to learn and I’m absorbing new information every day.

Thank you all in advance for those “lessons learned.”David - I never purchase the land until I get all of the entitlements and permits and hi Ty the purchase price of the land to the density granted so if you get less than you’re looking for you can reduce the purchase price.Also I begin with the end game in mind and make sure that I have Builders lined up ready to take down the lights when I’m finished so I know what my profit is in advance.If I’m building the houses and developing the land I make sure the market can absorb the inventory at the price point I am projecting and I work everything backwards from there. 

Charity only really works if you want to absorb it and can afford it.