If you are a control person, this can be a challenge but I have learned to let go over day to day issues that come up that I would do differently.Handypersons are a tough one.

It is secured with  👇 Controlled Interest: We include our investors as a 51% controlling interest member on the borrower’s operating agreement.

Just do your numbers and control the deal to make money.  

These are just a few things that could happen.The Arbitrage person is not the owner of the property therefore has limited control over possible outcomes that may or may not happen.These are just the facts.

That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.

Greater control of the timeline.  

But the one thing that you can control is your creativity and how far are you willing to go with risk .

This is why the big corp builders or regionals control so much of the larger developmentsthe deals i funded are 34 lots 160 lots and 80 lots respectively and each of them have contracts on them by Toll and Lennar and one regional but they only close when we have permits in hand. 

Only thing you can control is price and making sure the home is prepped and shows well. 

I suspect those guys grew to fast and it got out of control..