; c) invest in passive multi-family REIT type situation; d) stocks (or take a chunk of the $200K at least); e) some crypto I'll report back when my books get cleaned up for more clarity. 

The open floor plan seamlessly connects the living room to the kitchen, making it perfect for entertaining guests.

Then I sent emails directly to Clayton Morris inquiring about a finish date and he responded by voice-male that permits were almost completed and that it should be 4 to 6 weeks and it would be "smooth sailing" as he characterized it.The house was never built, I've paid back-property taxes and fines of over Approx $1200...ongoing yard maintenance costs of anywhere from $40+ up to as much a $225 monthly for a vacant lot just to keep the city off my back with fines...etc..Bottom line is.....After having a nearly perfect credit score and credit record of 25+ years, I will be in Bankruptcy court in May, 2019 because I cannot afford the payback of the credit card funding because there is no house built (cash flow) and there is not a single attorney that I contacted who doesn't want $60,000 (up-Front) because they all say they can't do it on contingency because Clayton has so may law-suits against him already that they feel there will be little (if any) money left after all the litigants already in line have been paid.

It's a perfect place to start your real estate investing journey. 

@Peter Lu, It's perfectly fine to sell that property and do a 1031 on your 70%. 

Thank you I think what you did is perfectly fine.

Buy home next to Jensen Huang's residence , from santa clara to  San Mateo as well lol just buy their land and land lol Silicon Valley and the SF peninsula is a perfect example where land to build ratios are inverse to most of the rest of the US.... in Palo Alto you buy a lot for 2 to 3mil and spend 1 mil building a home on it..

One hoarder, some drug use on site and one perfectly fine... batting 33%.

Does the following information change anything in your opinion… I’m not building it myself but a local builder will be (who’s done lake property before) we already have the land, we have perfect credit and have already been approved for construction to perm loan (or other loans).

@Kara Johnson, @Dave Rav, The 1031 exchange is perfect as a transitional strategy.