So it crushed us cashflow wise because we couldn't finance anything and all of a sudden I'm too asset heavy and cash poor.

I believe the best bet to get a good deal is to target pre-foreclosures with good chunk of equity.

Reasons a Property Owner Can Terminate the ContractSubstandard work: If a contractor uses poor workmanship or uses poor quality material that was not mentioned in the contract, then the owner has the right to terminate the agreement.

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.

These 10 cabins I am buying have been very poorly operated, so I am buying them almost strictly at property value.

You bet it is lower risk than being on the equity side.

I allocated $500/month for insurance which is part of why such a promising revenue to cost projects such poor COC.  

Most people are poor and can’t both develop the land and convert to buying the land from the government.  

   #4 Is great and I bet this one can lead to many successful closed deals. 

To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!