CA maybe as high with their EIR requirements that cost 250k to 500k just for the EIR reports.

How are you handling the new LAIC requirement in Cleveland?

Assuming 7.5% interest rate, the negative leverage would require you to put way more than 20% down just to break even.  

For more affordable properties—those priced under $400,000—the timeline is even shorter, with many homes receiving offers within two weeks of being listed.This fast-moving market poses a particular challenge for first-time buyers who may not be as familiar with the urgency required in competitive bidding situations.

Yeah when I was considering my own backyard, I was trying to avoid cities that required relocation assistance, and other weird laws.

Our rates are 7-12%, with no down payment required.

(eg, if your lot is not the standard 25 x 125, but some other multiple where the width is actually skinnier than 25, and the lenghth is longer than 125, and you want to reduce side setback requirements, eg.) 

Unfortunately NY requires a RE license to wholesale in the state.

Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.

Or start a business which would require a lot more time than owning RE.If it were me and Dallas is appreciating, I'd probably hold onto it since you've had it since 2011.