HelloOver saturated STR in Ohio markets have caused many STR to drastically lower costs to as low as  $100 for entire bedroom home.My are higher and I'm not competitive with the lower cost Abnbs.I also feel hotel industry are mass building new hotels to compete with str. 

If you’re just going to do one or two flips a year keep your costs low.  

Once you start processing the credit/criminal, the money is spent, and you can't get it back.

I racked up debt, at times putting expenses like property taxes on a line of credit.

Invent a global tax (Carbon Tax) and invent a token of credit against those tax's (carbon credits) and shazam a market where traders can buy, sell trade, option, leverage, hedge against these and the flow of them.

Cost to build is $350K (I am managing it all myself and calling in favors around the city to get low rates on materials and labor).

Bank Credit Line How did you add value to the deal?

Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.

the note is converted or exchanged for credits?  

Many would suggest against RE investing using retirement money but if you go into low risk opportunities it can be a powerful diversification method.