With that being said, I would not do a long distant flip on my first attempt, there is just too many uncertainties in a already risky business, thats why I'm still searching in my back yard for this first shot.  

I will point out that on a small build it may not be worth that money because the "test" they do is not a soil sample or boring of the land, it is a research into the property to determine if a laundry facility or auto body shop or some contaminate / polluting type of business or entity was once on that lot a long time ago.

Has any landlord attempted to work w/ credit company to assist tenant build credit during their leasing period? 

I'm not sure if I would be able to recover my capital though as I have not done a loan with being the second lien, so I have decided to keep from making the loan.When I step back from the situation it seems to be too risky for my first attempt into hard money lending.

We lived in Federal Way for a few years, our one and only attempt at suburbia.  

Has anyone ever tried to file a lawsuit against a bank/bad debt buying service for not making any attempt to list a vacant home?

When I attempted last time I received from the VA a form that said I had zero entitlement, and the lender said no and wouldn't move forward with it.

Payments are behind and the bank will attempt to sell at auction.

Forgot to include: -closing cost at $10,000 (will attempt to have seller pay)- $11,000 in selling agent commission (in the event that its sold by outside agent)Total expenses (purchase, holding, points/int, rehab, and resale): $400,500Min comps are are $440,000 $40,000 profit

Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$11,000 possible payout for selling agent commission$9,000 closing cost (will attempt to have seller pay closing)$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.