If someone truly believe that the 17% is real and they could borrow money at a smaller interest rate, using the fungible nature of money, the person would take a loan to get into that deal, but a feel most people would not risk there primary residence on a deal like that. 

Naturally, that doesn't work for us!

Hello Ayoka, You can deduct certain expenses related to the rehab of the property, but how you deduct them depends on the nature of the expenses.

It's only natural that us young investors want that same gratification in real estate (at least I do).

I know this situation can be a very sad & sensitive time for the family and I don't want to come off as insensitive to their loss.

I leave out sensitive information but I want non-guests to see the video as well

Anything can happen: the market can shift, we can go into another extended lockout period, the property can be destroyed by a natural disaster or by vandalism, the list of contingencies is endless.

BP was bought by a PE company several years ago, and there will naturally be a bit more focus on revenue and profit growth. 

What is sensitivity analysis if project cost is 10% higher, it takes 6 more months to build ?

People can't afford LA or Santa Clarita so naturally they would keep going.