I suppose I failed to do this in this case and now must have a corrective discussion. 

@Ray Harrell, Thanks for replying the message. 

I haven't figured out how to close or delete a discussion yet, so I will post a new one with correct numbers.

@Jesse Murillo, correct on both counts! 

@Paula Ratcliff it sounds like there was already an account with "money donated from lot owners" - is that correct?

@Johan Yang Thanks for the reply.

The only strategy I have seen so far, and I forget who provided it, was to try and clear as much debt as possible on single family homes and pre-qualify for HELOCs of other lines of credit to be able to start buying at the downside of the cycle.One person mentioned in a facebook group I am in, essentially, "don't worry about it, just hold everything tight and wait it out, it will correct itself."

I talked to a structural engineer and he recommended removal of the roof and sheathing, correct or replace the trusses, and re-roof.

@Grant Hosticka - Looks like you're calculating things pretty correctly.

So Diane, here are my two cents.Reno: I think this market is in for a correction, not a cooling.