Hi, thanks for posting.Regarding what you wrote about "Since most flips fail these days." from my research that appears to be false. 

There aren't many things that "appear" to be leaks, they usually are leaks and if it's been leaking since May you are going to have way more issues to worry about than a premium plumber charge.

While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

It appears to be common in my area that an order is put in and the driver takes a check.

If you don't do that in time or are way down on the list, the likelihood of receiving any capital back is slim to none...Here are the key takeaways here that appear to be the most concerning.

Listings are on their own company web page or one of the mls type listing services.

A total cost of 6.3Mn over 23 units equates to 274K/unit...this appears unbelievably low for San Diego...I'd want to see full development budget detailing hard, soft and financing costs as well as month by month projections showing construction and lease up cash flows.What's the 2.2Mn purchase price for?

If they agreed to that, then the clause appears to be fulfilled assuming the lessor approved the quality of work.The entire clause is kind of sorry in the way it's put together and reeks of amateurish property management by an owner.

We (the buyers) notified our agent that the property must also be move-in-ready.We received images of the interior and exterior which showed the property in move-in ready condition/what appeared to be minimal to no deferred maintenance issues, the listing said "property inmove-in condition/turn-key".

What it appears matters most is who the issuing bank is.