Quote from @Dawson Brewer: Here’s why I’ve started using novations over wholesaling.1.

If you can buy with 20 percent an hour away, as you said, that seems like the best option if the finances and numbers work for you.

You can't "jump" into REI until you do the other things.

My net cash flow went from only $1600/month to 19k/month over the next 6 years.

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

Hi Brian, the majority of hard money lenders want you to add the rehab money to the loan.

They find deals on oceanfront houses all over the country.I'd even look for a fixer upper to get a great deal.

It’s in the expense section.

If you can get over $2500 per month in Jacksonville on a 300K property, good luck, but if you can, that loan is out there. 

I fear the lawyers will become wealthy over this litigation...Overall, it's an interesting "solution" to the problem of foreign investment in real estate and the lack of adequate housing for the population.