Advice needed ona) Financingb) Stepwise process to get this to from inking the deal on the land, to getting a permit from town, to getting plans drawn and approved to putting in a nice spec for the build.c) Steps to liberate some of the cash/refi at a better rate whilst the house is being marketed.As for me, I think I can pull 100k by liquidating stocks and 200k by borrowing from 401k.

I've even moved all hist stuff out of the area, and barricaded that unused entry way (plywood and nails), and posted no trespassing signs, only to have him tear it all down and move back in before the next morning.My biz partner gave the police an earful, and they said they'd patrol the area more frequently (stop by whenever they're around), but I'm not too confident that anything will be done.So, I'm brainstorming for some options.

Save cash to buy that $500 for $250.Paying more isn't going to kill you @Will Grabert  It's paying more by borrowing too much. 

Thus, I only look to buy notes whereby I have a high confidence level I can help the borrower with a workout. 

Stop talking to the tenant because you may say things the tenant can use against you.

Warning:  If they are self employed (RED FLAG)  they will likely need a MIN on 10% down and need a Stated Income ALT type programIf they are strong, good credit borrowers, hold a 15%ltv seller held purchase 2nd, this way they can look the best financing terms and eliminate the PMI.Likely the 1st mtg lender will want you, the seller holding the 2nd, to hold the purchase money 2nd mtg with a MAX  5yr Balloon or longer

Stop wasting your time casing a 2nd mtg/ HELOC over 85% CLTV. 

If you don't like and enjoy real estate just stop right now and find something you enjoy more.

I know I've stopped listening to a few podcasts that have become just a sales pitch.

As a best practice, it is good to quickly scan craigslist when you post your rental to stop the scammers.