But I had not built up my self-confidence yet.

When was it built, and how old are the major systems?

It may be helpful:I can give you some general info on insuring the property:Here are some things to look for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

The economy is stable—no wild bubbles or busts—and the city is attracting major investments.Elon Musk recently built the world’s largest supercomputer in South Memphis, Ford is investing $5 billion into a state-of-the-art truck plant to the east, and the Medical District is booming with healthcare innovation and development.

If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.

-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?

You can see huge homes being built all over the place there now.

By making partial dispositions, you can also avoid subsequent recapture on these items when you go to sell.

In the meantime, as this is built I will continue to earn income elsewhere so immediate cash flow is not necessary, and long term growth is prioritized.I freely admit that despite some of my other qualifications in business, I am a novice in the world of real estate investment.

Soon after I built the car wash, I was evicted from my leased space where I waxed and cleaned cars.