PLUS, those consumer loans ("i want to buy a house to live in") will fluctuate with the market daily, and sometimes will reprice mid-day as well.My best suggestion (yes, i'm bias) - do your vetting on the broker themselves. do they sound like they know what they're doing?

Florida was late to the land game  but just look at Lehigh Acres and Coral Gables land plays in the day as well. but these actually have homes on themWhen I fly myself to Palm springs I go over the Tehachapi pass at the end of the San Joaquin valley and jump over to the Palmdale area and from 8 to 10k feet you can see all the roads going to nowhere along with the isolated desert dweller in their MH..

Your real pay day as a sponsor is when you either refi out the investors and end up individually controlling the asset or, when you sell and far exceed the hurdle.On large projects or syndications, that makes sense because the numbers are big.  

Ironic that there is new activity on this post on the same day a named tropical storm is hitting Galveston.I own a vacation rental - a condo in Pointe West.

Today was an exciting day as I have my first Multi-Family deal in the bag pending a good roof cert we are on to closing.

Everything went smooth as everything happened on the same day(A to B and B to C transaction). 

That $11,000/year would buy another $200k property.One day a fridge will go bad and there goes half your profit.

I’ve personally tried booking same day as a guest if we’re on the road and hotels aren’t nearby or convenient and it’s been fine accommodations. 

Sorry you're not having luck.At the end of the day a new appraisal is only $500 or so, which shouldn't be a make-or-break on any decent property either way.

This means that the holding period has to be at least one year and one day.  A