You'd learn and potentially earn a profit at exit.Another way is to wholesale the land.

It isn't easy, but you'll learn a lot about underwriting from the process and know the ins and outs of the entire model, which makes using it, troubleshooting it, and adding to it much easier.

It sounds like a big misunderstanding and I guess the learning lesson is for you to always to get an invoice from anyone doing work.  

No deal will ever feel perfect—it’s easy to overthink, but the best way to learn is by diving in and taking that first step!

I am keen to learn from the experiences of seasoned professionals and collaborate with fellow investors who share a passion for real estate.

Hey Andrew, welcome to the Forums.That’s awesome you’ve been learning about real estate since high school—starting early will really pay off.

Lessons learned?

You can join a "hemorrhoids suffers group" for relief but you can't join a "SubTo Community" to learn SubTo" properly and legally.

I'm interested in learning more about owner financed deals, utilizing HELOC's, and the ongoing demands and requirements of being a good landlord/property owner. 

Leverage your skills in market analysis and automation, define your investment goals, and continue learning through books, podcasts, and webinars.