In my area, the inspectors are massively overloaded and often skip through a nice house quickly while telling me the last house they were in set them back 2 hours because there were so many violations.

If it's a massive budget, lenders may peak in a bit more, but definitely doable. 

I got to my current financial success through a series of well thought out endeavors but with a massive sink or swim element as I am often self guided..."

Perhaps it is hard for people from the states to understand - but the rule of law, and clarity in regulations etc really makes it so much more attractive than other places where you never know what new policies might come into effect forcing you to take massive loses etc.

Ken, You're changing the subject to something neither of us ever discussed.The only thing you claimed was that having no-debt on a SFR property makes no sense, because of your theory that the government is going to be massively raising taxes on property owners to "oppressive" levels.

 $360k is massively overpriced for what it is.  

OH gosh I just read this and this is what led a company I worked for in the 80s into a massive BK loaning between partnerships..

🏡 MASSIVE transformation coming near downtown…🏙️With one of the last areas to develop near downtown, the neighborhood just south of Empower Field will get a massive upgrade 🏟️The stadium district master plan is only 10% done, but will include a mixture of housing options, jobs, game day/special event experiences, and more.When this 58 acre space is developed, it will re-shape the landscape of downtown once again…

We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.

Google Operation Chokepoint for just ONE example of what banking regulators do with their massive power.