If that time is not met then the contract can be voided by either party.

The harder part is determining how much to pay the electrician to do it.

@Ryan McCann Welcome to the party!

Private investors perhaps- although they will want to see financials and earn interest in this "project".The tough part is in you wanting to hold the land for a year for appreciation.

While you are a disqualified party to his IRA, he is not a disqualified party to your IRA.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

Just be cognizant that the 10-75 unit apartment space (pick your unit range) does not have a 3rd party management model that is dedicated to it in many markets.  

I've also developed a list for spouses and/or inheriting parties of a homeowner who recently passed.I'm currently building a process of partnering with assisted living communities and nursing homes to join on their marketing campaign.  

It worked out great and the best part is, it's always on groupon 👍🏾👍🏾👍🏾

We are renting a house from a private party.