Sometimes the deal just doesn't work.There is a property I am watching now at 1 million for a strip center.

If it has very strong cash flow, and you are OK with the tenant attraction that kind of place brings, it sounds like it might be worthwhile.

I bought a tear down house (VA loan) but the property has a million dollar view. 

The area itself is filled with $500k+ homes (up to a few million dollars), and buyers with that kind of money tend to be picky.We're considering refinancing (out of our hard money) and turn it into a rental, airbnb, or lease option and wait until they eventually move out (since these "tent cities" tend to stay in a place for 3 months to a couple of years)... but who would want to live in the house across from the homeless? 

I am in the process of re-tooling my career, and have always been attracted to the real estate industry.

. $400M on a USDA loan looks a lot less attractive to me than $380M on a conventional loan where the borrower(buyer) needs financing.

Conservatively, I project that I could raise the rent by at least $100 per unit when all is said and done, and of course, nice-looking units will attract reliable, long-term tenants.On the other hand, am I going over the top?

I can give you a few ideas on how to go about building a campaign to attract investors and partners.

Hi,Not sure if this makes sense, here is my grand plan1) Buy few Duplexes/Fourplexes that give cash flow (around 5, and as many as possible)2) 20 years later with substantial appreciation, use 1031 to buy a million dollar home. 3) rent for reasonable period, say 2 years4) MOVEIN to the home, to make it primary residence. 5) After 2 years SELL. no tax for first 500K.

Your mortgage will not be as attractive because it wouldn't be owner occupied (higher rate and higher down payment required).