FINAL NUMBERS:- Projected Costs: $380k ($357k in build cost & $23k in soft costs)- Actual Costs: $389k ($369k in build cost $20k in soft costs)Note: We had very minimal carrying costs because we utilized a CA HELOC with Premier Valley Bank that had a 2.99% introductory interest rate.- Projected Finished Value: $750k- Actual Finish Value: I think between $800-$850k, not sure yet.

It is legal in other states but carries a lot of risk IMO. 

Cash offer do carry weight as they can close quicker, don't need appraisals etc, but as an agent that works with buyer and sellers, I've seen it many times where a seller will pick a different offer due to some connection to the buyer (ex military, young married couple just starting etc) They want to know its NOT going to an investor specifically. 

I am just waiting for the Sheriff to actually carry out the eviction.

Encouraging tenants to carry renters insurance not only helps safeguard their belongings but also reduces the likelihood of disputes or claims against the landlord's insurance policy.

A modified approach to this could be for you to subsidize the builder by carrying the lots during the build and collecting your agreed to price after an agreed to timeframe.

.$78k in passive losses”—those repair costs aren’t currently deductible, get added to the basis.78k is passive loss, rehab cost 200k+, also loss carried from previous yeargonna find a way to qualify

Consider alternative financing options like portfolio loans that leverage your overall investment portfolio, private money lenders who may be more flexible with income verification, or negotiating seller carry-back financing directly with the seller.

It's essential to recognize that all investments carry assumptions and risks, but informed decisions are based on historical data and trends.

In addition, get copies of the tenant leases or even expired leases if the tenants are month-to-month as those terms carry over.