Your risk/reward tolerance might differ.

when I say you lose money its all the money you pay 3rd party professionals to do proper due diligence you get your EM Back.in the case of my situation right now were I have just under 400k in cash out on my Oregon deal.. if I don't close I lose it all.. but this project also will make us almost 10 million over 3 years.. so like I said RISK/REWARD... and when you step up to big land deals your competing against big players.. like my deal I just beat Lennar and Horton to it..

I know most developers would pass on this piece of property because it has a lot of up front risks but if you can get past those the rewards will be worth it.

be conservative now and your rewards over the long run will pay off !

Its all a challenge but so rewarding when it works out!

I myself would go the business route because that is what I find most rewarding.  

But I'm a newbie and I don't know if my calculation correct and reasonable, so I'm asking for your expertise here if you can help me figure out if it is a good deal.Info on the property:This is a 3 beds 2 baths 1,112 sqft property in Portland, OR built in 1979.It is foreclosed and recently on the market asking for $270K.

yes absolutely I definitely value people's time and expertise and would never want to take advantage or seem to take advantage of that.

If you give them a gift card for their inconvenience, you risk setting up an expectation that when they're inconvenienced, they get a reward.

Thank you Alex for your expertise