.- Reverse migration to Rust Belt is occurring based on affordability issues elsewhere.- Scatter site is a defensive asset offering a lot of optionality.- Market conditions are challenging for scatter site hold unless you are underwriting a 10-year hold.- Setting up operations for SFR from scratch is very difficult.- One investor is buying at cap rates in 5s or 6s.

That is a choice you'll have to make based on risk and your wealth building portfolio.

If the land is part of the security - then you'd need to refinance the debt most likely.

You can partner with someone, one deal at a time, and see how the first one goes.Values based decision making, make sure your goals and values align with your partner.

Wells Fargo wants the 70K from his mortgage deferment during covid which is the reason he is in this mess.A bridge loan means you have a home currently listed for sale on MLS and while you wait for it to sell another bank offers you the cash based on your mortgage payoff and profit.

Hypothetically, the lot is flat and is ready to build but is “unimproved land”.

I understand this is all based solely on a cash flow perspective.

There could be 30 named storms but if all bank right and head north in the Atlantic avoiding land then beach erosion and canceled reservations along the Atlantic Coast will be the worse of it.

Also, based on the new regulations (1 of the 2 units must be owner-occupied), how do you think this will impact the home's value?

Keep in mind if your jurisdiction prohibits discrimination based on source of income this works both ways... market rate tenants have the same right to rent your place as those with a voucher.