Hi Fergus,If you can handle the workload thats going to come with building the two duplex's, I say go for it.If your going to be biting off more than you can chew, liquidate.It really depends on your risk tolerance at this point.The construction loan is a doable deal as long as you have solid credit, have experience /hire a builder.

Investors buy in an HOA because properties are cheap, but then they quickly realize Nazis and busy-bodies run the HOA.You can try to build a coalition of owners and fight back against the charge, but it's unlikely to change.

Which in turn has caused builder activity to also decline.

Neighbors tree fell on the roof of my rental during the Hurricane (state Florida).I called the city and they gave me the address of the LLC that owns that lot (its an empty lot, probably a builder owns it).I probably could find the phone number as well.Do I call them if I find the phone number and ask them to fix my roof and remove the other trees from the empty lot that they own?

I think that your assessment is very helpful and it is true that I am trying to offset costs and cut my commute.I have also had reservations about a flip/brrr because of the difficulty of finding a builder for my team.  

It’s a great wealth builder if you can do it.

I see we're wearing our busy-body bossy pants today.  

It was a newer subdivision and the builder had pulled out due to the Great Financial Recession of 2008.

Or some sort of JV.We're speaking with Builders now who want to handle the horizontal development themselves. 

I have informed the builder but worried it won’t get fixed or they’ll try to avoid it however they can.