Also calls Bitcoin the best performing asset in the last 1, 5, and 10 years. 

Maybe it would have skyrocketed our performance, but I doubt it.  

You have yet to tell us who can perform, and if necessary, coerce, the clean up, let alone the fire fighting, let alone the redesign, if not big government.

@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.

You having a brokerage model of influencing price is SUICIDE.   

As for properly collateralized performing notes in Vegas I think those are quite safe.

We have found that setting our expectations about what we want is helpful (financial performance, level of renovation we can handle, forced equity opportunities, number of bedrooms, etc) and then waiting for a deal to materialize. 

It creates over-leverage and the performance of one property is dependent on the other.

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?