Completely renovated from the ground up in 2016, this home boasts fully restored original heart of pine floors.

Then when you inform the newbie of the reality of dong subject to transactions, or I inform them about the pitfalls of originating hard money commercial loans, they accuse us of being bias, killing their dream, "hating" them, etc.  

But I have a new concern.Interestingly, this original question and your responses were featured in David Greene's BiggerPockets episode #969 at 20.33 min mark (https://www.youtube.com/watch?

Nevertheless, this is why the original question gets asked. 

This was just 2 years before the original exit plan of the GP.

Originally posted by @Jim K.

Meanwhile he received a mortgage origination fee on each mortgage; a small profit on the sale of each lot; and a broker commission on each house build.

Above is picture from original listing purchase.

Originally posted by Wes S.: Tenants can throw a rug and take their stains and smells with them when they move out...

I included the total amount of debt owed in the original post.