Nasty stuff you don't want to be inhaling or exposing a worker to inhalation for that size of a project. 

In California, the same type house that sells in other states for $200k sells for $1 million and there is often a profit spread of $100k or even $300k if you get a sweet deal and there are plenty of them if you look.The huge downside , and I would never move, is the constant increase for taxes taxes, the high cost, difficulty and insane time it takes to get building permits approved, the cost for gasoline is the highest in the country and the cost to rent an apartment is more than the mortgage and property taxes to buy a house in other states. 

Did you have difficulty finding properties that would allow you to arbitrage? 

Nick shares his personal story and holds nothing back, describing how he’s overcome the difficulties of being born with Hanhart syndrome and the incredible mindset he’s developed along the way that led to him meeting Dwayne “The Rock” Johnson, becoming an online viral sensation (and scaring a character from The Walking Dead as a zombie), climbing a mountain despite the absence of three limbs, and more!

You mention difficulties finding the deal (what are you doing to find deals currently) and then you mention problems funding the deal via private money and mention length at job and income.

Where modeling can get a little more difficult is when you are calculating for different waterfalls.

First one went out with much difficulty, second one held up at the last minute because of Covid19.

I have a hunch that there will be a number of STR properties for sale due to revenue difficulties experienced this winter.

The difficulty with wholesaling in Maine is that the housing stock is so old that it's hard to get an accurate repair estimate.

A lease is more attractive to me because I have never needed to try to evict for any reason other than failure to pay and have had no difficulties doing that.