I am very nervous that the foundation is hopeless and I will be back at square one, burning another $100k. 

So make sure if you also want to collect last month's rent up front to not get burned, document that!

This gets people burned too many times by getting comps from a wholesaler, believing the comps, and then trying to sell it at that outprice that the wholesaler/bad agent gave is a huge miscalculation.

The zoning report is a great idea we've gotten burned on that one before.

I had a rental house that burned down. 

You could keep your student rental base humming and add a passive income stream without stretching yourself 100km away—or burning time on renovations and flips.

But then, something incredible happened—his business started thriving.With fewer daily distractions, Michael had time to find new investment deals, build relationships with private lenders, and even take a vacation.His portfolio doubled in size within two years.And for the first time in a decade, he wasn’t stressed.The Lesson: Let Go to GrowMichael realized the secret of successful investors: You don’t build wealth by working harder—you build wealth by working smarter.By letting go, he gained more than just free time—he gained a scalable, sustainable business that could grow without burning him out.Are You Like Michael?

It's the burned down home in Pasadena with a stop work order on it due to all the lead based paint and toxic melted plastic that no one wants to take a dispose of. 

It's a burn hazard to someone trying to walk around it, they're going to be constantly brushing by hot metal. 

Quote from @Cassidy Burns: @Daniel Green some good suggestions and really high performers on this thread, you are in good hands.