@ Adam we live near you and are contemplating the same thing.

I don't use Trulia for comps but one of its most useful features for me has been the crime statistics map since like you I have been contemplating investing in these C neighborhoods

Bankruptcy judges do not take kindly to people who incur debt in the contemplation of bankruptcy, in other words, setting people up, accepting goods or services with a financing arrangement or future payment being required and filing for bankruptcy knowing they were not going to pay for such goods or services.

If you add the needed $250k to the construction loan the total LTC is 66%.I would think since the LTC is on the lower end of the debt spectrum there maybe some mezz lenders that may have some interest in the project.I don't have any referrals for these types of lenders as I haven't been in a project where one was even being contemplated for a very long time.

If you receive “boot,” you could be obligated to pay taxes on that portion of your gain.Hopefully this helps anyone contemplating a 1031 exchange. 

It is the perfect scenario for us to jump into real estate investing, specifically SFR, as my husband and I have contemplated doing in the past.We should be able to rent our current home at or above our current mortgage payment and continue building our equity in this home, while living elsewhere.My question is this, will we run into problems with our lender since we recently refinanced?

A few attorneys in my firm's Landlord Representation group are putting together a free workshop so that we can talk a little bit about what we do, what we are seeing in courts throughout Maryland (and contemplating doing one for DC and VA), etc.

After getting the full run around and very different stories depending on who I was talking to, the SWO was never entered into the system because I wasn't doing anything that required a permit and I was well down the path of being compliant for projects that I was just contemplating.  

Do you have any advice for someone who is contemplating a partnership with someone I just met through BP?

Years of experience have shown us all certain things.There is also a feeling that someone can ask a question, you may spend 15 minutes of your day contemplating and writing an answer, and nothing.