In fact, the model isn’t designed to bail out distressed owners—it’s meant to provide liquidity to stable, cash-flowing properties where the owner doesn’t want to take on debt or sell outright.For a successful property owner, the main advantage is flexibility.

The main advice I would recommend is to begin networking.

Richard,I would think the hurdle of selling all 9 lots at the same time and getting through due diligence in time to satisfy the 1031 requirements, might be a big goal.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

It’s just not that common even though that is one of the main things talked about. 

I think the best thing would be to knock out the line of credit mainly because I’ve been putting a lot of time into getting my business up and running, BUT if I could knock out the renovating before March that would be a HUGE win.

Construction is mainly CMU, Concrete, and Steel (at least for my projects), and there is a bottle neck of those resources as only few supply the area.

Mainly because they advertise saying they have been investing over the last 15 years and been wildly successful.

Is it too much of a hurdle for the Local, Esq. to review the local law? 

Miami/ Coral Gables, even worse. 1500 1700 brick houses without a garage on main roads (Byrd ave for example) 1.5 MILL is just nuts.