All speculation without having all the details and that may not be acceptable to the seller.

Should I state that repairs are speculative and that I have not yet gained any rehab experience?

Before Michael Quarles' post I speculated that out-of-state absentee owners may have a higher affinity towards a specific investment area, since they're taking more risk by investing there.

That was someone not a lender speculating that what you described could, in theory, happen.My response was that if a firm started doing that, all of the loan originators would instantly mutiny, and it would kill the company.

So rather than speculate I would say that unfortunately this is probably one of those times you can really only turn to competent legal counsel.

You'll want to be very careful about building speculatively, as you don't want to build homes that you cannot then sell quickly once completed.D.

Seriously, this was my fun speculation money and I didn't invest more than I could afford to lose.

Buying pre construction is not "investing" it is "speculation".

My parent has already speculated outrageous numbers - and it makes things even more complicated because I do love them and want the best for everyone.

It's rare to see highly active investors talking about these types of things.Stop speculating and start finding deals.:)