The harsh truth is that you are not cut out for this business.

That doesn't cut it for me.

Randy I am afraid rates will go up a bit after Powell's press conference as he may indicate that they are likely going to pause on fed funds rate cuts. 

I would be cutting it pretty close.

As for funding, hard money can cut into profits, but it’s useful for scaling quickly.

Congrats on having the cajones to cut the chord.  

I am glad we did not buy it, because it took them over a year to get through hearings with concerned neighbors to even get a plan approved and they cut them down to 13 lots.

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.

Sometimes it's best to cut your losses and move on.