Have both financing and construction nailed down, even without deep diving into it. 

You've been lurking on BP for years, but just decided to nail a blurry photo and start posting to defend a product? 

Pretty much nailed it in my opinion.

They have the process nailed down and are very efficient.

Ned hit the nail on the head though as typically tax lien FC wipe out all other liens.

Quote from @Jay Hinrichs: @Henry Clark"If you were in a new construction syndication and got caught with a 300% increase in Lumber costs due to Trump applying Tariffs to Canada for anti dumping, and then Covid shut down both the logging and Lumber Mill industries in Canada I can understand getting nailed.

Some cities are pro growth others will fight you tooth and nail.

Some specific examples include careless installation of vinyl flooring in our kitchen, resulting in irreparable damage; leaving an exposed nail in remodeled kitchen cabinetry that scratched our new range; installation of bathroom sinks with improper plumbing connections; and multiple instances of failure to remove cigarette butts, food trash, and construction waste from our property.

Also, set rules for tenants to follow is a must.Needs and Wants:I think you hit the nail on the head.

While I dream all day of vacation property, you hit the nail on the head - buy a boat, and explore all the islands.