However, strict environmental and safety regulations apply to ensure new developments are both resilient and compliant with state standards.

Maaaaybe without the rent by the room component it'd have some semblance of an ok idea, but that's a huge stretch.

Look at numerous listings and see components of opex that different sellers include, and you'll start to get a better picture. also don't forget to include a reasonable vacancy number, and also include capex!

@Javier Esquivel Hi Javier, this has all of the components of a good flip.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.

Being on title protects the seller from the buyer defaulting - it seems this is an alternative to "officially" putting them in a 2nd position)-- Title company sends seller the $350K they require-- Title company sends buyer back $650K (which they can use to pay off their transactional lender if they used one)So now the seller is happy bc they got the $350K they needed, the buyer is happy bc they acquired a property for zero dollars out-of-pocket, and from what I understand the 1st position lender is happy bc due the LLC arrangement the seller finance component is not technically considered a second lien on the property.

That might have the best quality of life component based on what you described.Not sure if you have a financial advisor, but I've found mine is incredibly helpful in narrowing down big choices like this.I hope it works out great for you!

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

It's a pretty complicated law with all kinds of tenant and environmental protections. 

Environmental Protection Agency (EPA).