First of all you have to ALWAYS look at hard money as a temporary solution.

In this case it sounds like it also needs to be a temporary structure and be designed in a way that allows for it to be modular and/or collapsible.

The more skin the investor has in the deal, the more attractive the deal is to the HML.I don't believe hard money is a good fit for buy and hold unless it is temporary just for the acquisition and you have a way to refi it out soon after (which does not always prove to be easy with most lenders seasoning requirements).

If the Days on Market (DOM @Chris Stromdahl) of 180 is for sales it may just be because of the local market and could be temporary.  

We're in for a roller coaster ride, and dropping the fed fund rate will provide a temporary band-aid but will facilitate longer term problems, mainly inflation, that can only be fixed by raising rates back up and letting the recession run its course.

While landlords hate to drop rents, and resist it like the plague, make no mistake that during a downturn your income will fall even if you don't drop rents.Vacancies will increase, credit loss from non-paying tenants will increase, eviction costs will increase, you'll have to offer concessions like free rent or temporary discounts to attract tenants and keep the property full. 

Personally, I think the only con would be if the rent is significantly below market, but even that is a temporary problem that would not keep me from purchasing a property I liked otherwise. 

Here we have to obtain what's called a temporary certificate of occupancy if we're going to buy a house as is.

There is a one time temporary removal of system included for free.

With loan forbearance and this being a likely temporary set back in the economy I don’t think we’ll see anything close to 08 as the market fundamentals of artificially propped up prices simply aren’t there along with over supply.