If you're a person who likes to overcome challenges, create and manage projects, building could be for you.I personally go into each project looking to build it out, yet many times I've decided to simply just sell the property and move on the next project.   

Plus the advantage of leverage (modest if your a risk adverse pharmacist :) boosts and IRR dramatically.

I knew it was a risky bet as Baltimore has much crime and systemic issues they can't seem to overcome.

If the economy or housing market adversely shift, or if you are buying from a poor originator, or buying loans with low quality borrowers/properties, these results would deteriorate.But if you have capital for just a handful of loans, overall performance averages don’t apply.

Whenever I have a buyer who receives an inspection report with adverse findings, I advise the buyer to send the report to the seller.

Here's how to overcome common excuses:1.

They interpret the statutes and rules and provide a letter to the client stating the justification for the transaction and the risk of an adverse ruling.

I thought was their job to talk through these things and over come these types of obstacles.

Any other deed restrictions, use restrictions or other misc. items that are adverse to your objectives?

There was a case in Aspen a few years ago with a squatter living in a $3.5M home for over a year who tried to claim adverse possession.