I have 2 factors that I know play into it, but there's always more beneath the surface.

@Bob Dole - there is more to the cost segregation question than on the surface.

For the average buyer, sooner or later you are going to hit a wall with your DTI.

Some of your other posts are pretty solid, but you need to get some help or take down the photos of me on your wall.

This does not read as though its a smart investment on the surface, and secondly, there isnt a lender I know of that will lend on renovations that exceed the purchase price, especially a renovation that is 2.3 times the purchase price.

Walls were not far enough along to be stabilized, so the wind knocked them down.Nov 21st - New block not delivered yet.

Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc.              5.  

@Jaron Walling, Thanks for that shout out. 

That's the throwing you know what against the wall, and hop0e plan. 

See the attached maps of his/his related entity real estate investments (courtesy of The Wall Street Journal).