these issues are easily fixed by just putting more cash into them up front so your not having to feed them at the back end.. or better yet pay cash for them.  

The monthly payments are great, but the issue I am running into is what to do with idle cash.

You can ask for copies of that, but if she knew someone had done that, then she should have been up front and said something.

These are all upfront soft costs before you break ground. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

Not worth the up front savings.

This would allow for a longer carry back with up front cash flow.

An inspection is crucial to catch any major issues upfront.

You're netting $5k/mo and have no cash available and you're working a civil engineering job?

What you have calculated is not cash on cash return.   

., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.