Again, different strategies but in my opinion the larger you get the lower the risk you want and as others have pointed out I think your deals in the build to rent sector or with larger tract builders is where we focus and probably others as well. maybe this was a special deal. in a few weeks once we get the appraisal back on an infill lot we have I'll show you how we made almost a million dollars on a site that's 0.1 acres and urban with very little risk backed by appraisals. we didn't have to wait 18 months or invest 500k either. we barely needed a capital partner too and every deal we entitle we would develop.

@Damon DidditI would contact your real estate attorney now for an honest opinion on costs and timelines if this did go to eviction.

I notice you never give any facts Ken, just opinions. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

As I've come to terms with this I have taken the last five months to regroup and really think about the future which brings me to my post and what I'd like to get the communities opinion on.I successfully negotiated and acquired one of my duplexes in 2017 that I nearly have paid off (note balance is $54k, property value $230k).

I'm just going to offer my opinion on Arbitrage in general.

There is a quick calculation tab for a ten minute analysis but it is capable of far more than that in my opinion. 

Questions/opinions on: (1) one property or several, and (2) whether to buy outright or put large downs and then supplement with mortgages.

Extra set of eyes, second opinion and diversity of your own investments

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)