However, that varies state-to-state.

I really want to absorb as much as possible but only have about 70K in cash available, so I'd rely on financing, which I am no stranger to.

Factor in potential cost overruns and delays.Financial Due Diligence: Don't rely solely on the sponsor's numbers.

Varies by property of course... 

What's the point in trying to invest remotely in markets where the numbers aren't THAT different and you have to rely on the honesty and kindness of strangers? 

Longhorn is also experienced enough (and looking out for the customer) to know that long-distance investors solely relying on a GC to stay on time and on budget can lead to problems.

Timelines tend to vary depending on CHMA's work load at that point in time. 

The information contained in this post is not to be relied upon. 

He did recoupe what he invested luckily but I suddenly realized their system relies on the buy ins of both parties which means if you have to deal with shady contractors, thats just how its going to be.

Accuracy may vary