So, these smart-*** investors gave me a good "kick in the butt" - and I started investing my time on weekends, in the evenings, when there were no outside orders.By December 2019, the house was 80% complete, we moved in in May 2020, and I kept improving it until February 2021, when the kids got the second floor as their bedrooms and the basement as a gym for their workouts.The "dark side" of this process of living is here.

Anyway when the tenant moved out one dark and stormy night it ended up costing me a bundle!

It is clear to me that it has swung too far and the overall platform is only a shadow of its' former self.

Sometimes it’s underlying dark forces that keep good ideas from moving forward - I’m pondering the hotel industry reference - and often it’s just lethargy, lack of vision and flagging political with. 

Bottom line you ran into a fake lender who is just stringing you along to see how much money he or she can get out of you and then go dark.. move on .. find a real lender.. and I will bet the terms were great too right?.

That's the immediate variable I see coming for the market but the rest I'm in the dark about as far as trying to predict market conditions in the coming years.

I would see if you have any friends who are in a similar situation and try to shadow when the Contractor is around to get bids to get estimates.

@Jody Schnurrenberger Definitely no regrets...yet ;)I wish I could shine a little more light on it for you but, without knowing what else the seller has going on, I'm afraid we're both stuck in the dark.

Sure, if you are a super experienced investor or work at a fund, you'll have a good idea of your WACC and will use that as your discount rate, but for us mere mortals picking a discount rate seems like a shot in the dark.

So cool you are coming out of the shadows!