Trying to get conventional residential financing is time-consuming and cumbersome.

It depends on the price, the terms, the upside, the taxes, knowledge of up and coming development nearby, rates, rents, how desirable of an area it is, how it fits into the rest of my portfolio, how much time it will consume etc. 

They should have tools with many different ways to sort listings and look for out-of-state owners, withdrawn listings, etc, but that’s time consuming.

IF a major correction occurs, the downline consumers may not see the effects of lower prices until late Q4 2021 or even Q1 2022. 84 lumber is one of my good customers :) I sell a **** load of Fire-Treated plywood and lumber to them.

When you have brick fire does not consume brick, of course not, brick is made with high temperatures... you need to analyze how much $$$ you have in the deal.

A relatively small expense for peace of  mind with the exception that it is time consuming and I'll likely have to get some help. 

Ironically, $40k is almost exactly the amount we paid between fees and interest to the hard money lender.  

I started researching Real Estate about a month ago and It has been consuming all of my free time.  

I started researching Real Estate about a month ago and It has been consuming all of my free time.  

I use to do tech support (consumer feedback) and moved onto engineering tech support where people in our own company had to leave "Feedback".