If the timeline drags out then HELOCs can get expensive.

FHA 203(k) loans are a great way to get into a property, add value, and set yourself up for strong equity when you eventually rent it out.Biggest things to watch out for:1.Contractors & Timeline – The loan requires HUD-approved contractors, and the rehab process can take longer than expected.

This consultation process often extends permit timelines to 6 months.

Many insurance policies also require re-development within two years, a near impossible timeline in a region with the coastal commission, perhaps only second to Manhattan in terms of permitting and red tape.

This will aid in the skip tracing process.When selecting a collection agency, verify that they report to all three credit bureaus and ask about their reporting timeline—some agencies wait 30-90 days as leverage to encourage payment plans.

Contract I have in my mind are pretty straight forward with basic things like scope of work, timeline, price etc. 

These hidden costs can eat into margins and disrupt timelines, yet there seems to be no streamlined way to tackle them before breaking ground.I’m working on a solution that combines site analysis tech + cost prediction modeling to help developers get ahead of these risks.

Ask the Lender what their timeline is and then double that.

They have been completely unresponsive, and as a result, we’ve had three vacant units for several months (though I’m unsure of the exact timeline, as I handle the finances and have been kept in the dark).

Also, I believe they own this property out-right, no loans, etc.I'd like to structure a deal where they provide seller's financing with a 2-3 year off-load timeline that gives them a) some cash now via a down payment and b) some regular monthly income all while I work to bring rents to market value and we both benefit on the sale and refi.How would something like that work and what would it look like?