The answer is that if the lender that's doing the hard money loan is only funding the purchase and not the rehab, they then have less oversight of the project since they're not doing the draws, and thus not seeing the progress of the project and having control of the funds or draws from the rehab to make sure the project is progressing.

While the market has been up for quite some time now, I was just waiting for the next news story that made everyone freak out.I've actually been working with CamaPlan on this project and the experience has been great!

The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.

Some situations where they (the projects) do not go the way of making the profit as you wanted, but there are still deals out there to be had.. 

For smaller investment amounts, we often see investors providing private loans or notes to other investors for their projects, which can offer attractive returns with the right due diligence.

Constuction : Any contractor would again, give you $1k to $5k for a ready to start project. 

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

Is it better to have a job or business that is doing well, then funnel the money into larger projects, if my desire is to be one of the main GP for like 33-100 unit multifamily projects?

This is how they ensure the work is completed and the project is staying on budget.The questions you should be asking are what is the draw process.

There are many communities within each of these areas that run or allow nightly rental programs.