You need to stay strong physically and mentally, and I sincerely hope you will figure a way out.If the property is located in a not very safe area, at least try to install some security camera system that works when you are not there.

The second draw is paid when we arrive on site and start physical work .

I got a very good price on the building (about $25k per door), but it was a ton of work as in addition to tenant issues, there was TONS of physical distress (foundation repairs, sewer line and water line repairs, electrical upgrades, new roof, and apartment renovations needed for all units). 

This exercise will help you establish which of the two properties best aligns with your long term goals.

Plus it's a great exercise to ensure you understand each step of the deal, and if there's anything you're missing--something new to learn as well!

However, for the purpose of a healthy and helpful discussion, I invite you to the the do the following exercise to get the facts first:1.

I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

If you have any recommendations for brokers in the Atlanta area please let me know.Thanks  Physical in person classes is much easier.

This is especially important if you're on the younger side, as those returns can compound significantly over the next few decades.I'm in a small real estate mastermind group, and we all did this exercise with our own portfolios and identified underperforming properties and equity to reposition, and presented it the group for feedback.

That alone could ruin the outlook for you, so just make real sure of the physical condition of the property.