Options are very good, just need to avoid sharp dips because I am wagering about 1k at a time and any bad luck and I lose the entire 1k.

You can win (or lose) either way. 

Having cash reserves gave me the confidence to move quickly on a great deal without losing sleep over unexpected expenses.

@Kyle LumanKeep in mind everyone's situation is different and while one investor in the short term is wanting less cash flow for tax reasons (presumably) your situation it might not make sense to break even or lose money.

Meanwhile during the eviction period, we finalized our architectural plans and started the permitting process in the county so we didn't lose much time.

I don't know how likely I am to not lose any money based on the value of the information I would receive through the program.

This property will lose money for anyone not paying cash, and if they are paying cash they will make a very low ROI. 

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

A the town and amenities expands towards the beach, there is a real risk that properties on town side will relatively lose value in my opinion.

I hope now that we exposed them, people, who are now in a similar situation will be able to identify this scam and not lose their money and credit over this.