If it were me, I’d double-check the furnace to cover all bases (maybe bring in a second opinion) and document everything.

Hey Meena - I am based in Austin as well.

You just discriminated against them based on family status.It's good to have a heart-to-heart talk with them about what they can afford and see what they want to do.

On market & negotiated price based on condition How did you finance this deal?

Did you ever come to a conclusion?

Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.

Not sure where your research came from but what I was basing my perspective on, was from a professional working knowledge of being on the ground observing.

Can't allow mistakes here.I am told & believe that the "SubTo Community" is Videos and "group think" with NO "One on One" training,  meaning if you have a question, you can ask neophytes who give their opinion, but not based on experience.

Leverage will be based on whether the land is entitled and borrower track record but 50-60% is the norm, not 80%.

Where are you based out of?