I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).

You are putting money in, and qualifying for the construction loan, while being forced to use them to execute and lease up.  

This collaborative approach ensured seamless financing and execution.

The renovation plan was executed and occupancy is in the 94-96% range; rents at or above the pro forma. 

Its really important for people entering into any home improvement contract to understand the state laws for so many reasons, business and professions codes/laws, warranties whether expressed or implied etcThe point being is well executed legal contracts are best for all parties involved.

But in retrospect, should we have gone through with the deal and trusted our real estate attorney to execute according to the purchase contract?

I don't frankly know I have a dinner with him in a week or so will get more detailI know he bought a facility .. he owns dirt all over Oregon so that's not an issue.. and I know he has the financial ability to execute.. what I don't know is if he has just done these so far for his own account or has sold to the public.Standby I will find out and report back..

In the world of note investing, you have to consider not just the upside but the potential for things to go wrong, especially when you're dealing with vulnerable borrowers.

An executive chef - he travels with a ballet company and feeds them - A family in before school started and leaves when school ends for their out of state move.

He needs to take a risk and actually execute.