Another thing to consider is that you may have a difficult time trying to find a buyer for that property down the line. 

Construction lenders will look at the total cost and typically finance 75-80% of the project (right now its more difficult to reach the 80% threshold with market uncertainty).

I have properties in Fairfield, West end, East Lake, and others, and they can cash flow but the management is difficult (as in getting cash collected from tenants).

I caught the Pace Morby bug and plan to actively pursue other options since the trad lenders underwriting is making it difficult to follow my strategy of buy and hold.

He was unpleasantly surprised with the management/collection/vacancy/repairs challenges there were on them, which drastically cut down his returns, raised his stress level, etc, and he had a long difficult time finding an avenue to exit owning them.

The truth of it is, lenders can be really, really difficult to work with. 

I’m having a difficult day (few days) and am hoping to hear some words of encouragement from the community that will help convince me that real estate investing is a good idea.

I have a high credit score, good income, and money in the bank, but I have been having a difficult time finding a DSCR lender I feel like I can trust.

determining valuation is difficult and, if the source of the data is the sponsor, could lead to some very wrong valuations.  

I had been to Sheriff sale auctions couple of times but seems very difficult to find something.