On the way home I listened to podcast 139 and heard Fat Tony say something that's been on my mind for a few days; "I'm a business man, not a handyman."

The original developers who bought the land and started the whole thing got a big fat goose egg and a lot of grief dealing with initial land buying stages and development.The LLC, umbrella insurance, etc. are just tools.

I also like that big fat check I get when I sell the house...

Not enough fat to be worth your time more than likely.3)Financing-- You stat you are 90% sure you can get bank financing without a functional septic and 100K of repairs? 

I don't care if it is real estate agents, contractors, lenders, pizza makers, service workers, black people, white people, men, women, young, old, blondes, brunettes, fat, skinny, etc.

@Gene Maryushenko  welcome to the site! 

Hi Gene,What kind of numbers are you looking for?  

I am not excited about the fat 39.6% tax bill I am creating for myself (good news bad news about having a good day job). 

But then, I also have a ferocious tight fisted gene. 

I think the reason is that your refi bank prefers not giving you a big, fat check, which makes them very nervous.