@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you

Technically everyone was a stranger before they moved in and we've never had any issues of stealing or squatting or any type of damage to the property.

New construction will not be the identical house since everything in the house would be new and the house would be built to modern building codes.

In this business no two investors can accurately compare cash flow unless they use identical systems for calculation and even then the number is only realistic in their own minds.

You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.

They also destroy the property; possibly even steal the copper.

The other option you have is to steal the water and hope that since it's a relatively small amount no one will notice.

Squatting is 100% illegal and we shouldn't need a court order to remove someone attempting to steal our property (or the use thereof).

I have not had an official appraisal but two of my neighbors sold their homes recently for 260k and our houses are identical in layout and square footage.

Two sponsors can structure their syndications with identical assets and execute the same way meaning the underlying real estate will perform the same but sponsor A uses 50% bank leverage and invests no capital into the deal whereas sponsor B uses 75% bank leverage and invests 10% of the committed capital.