BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.

Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

So this Multi I want to offer in Kearny New Jersey (NJ) has an illegal finished bathroom in the basement and finished rooms.

I think they could not wait to finish my project and be done with me. 

We finished our first one this fall, which went pretty well.

Everything else is just normal cosmetic, interior finishing. 

What she delivered was half-finished and poorly done—definitely not what we discussed or agreed upon.

And also I inherited the tenant and havent signed lease with them been advised to better honor the same terms of the seller until their contract finish.

At this point, instead of continuing to pay the interest loan payments on properties that we will never be able to financially finish since the rehab loans will not cover the actual cost of the rehab, I wanted to know the ramifications of returning the properties to the loan servicer, deed in lieu.

I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it.