I was just surprised that when I asked to change the policy to rental, the first thing he asked was if there was a damage after the hurricane I think a few different things are in play here. 

I have had every one of the above come into play, which has caused the timing of exiting the asset to take longer than anticipated.

Carrying costs in purchase and or rehab is financed, cost of capital on refi, re-recording, title, updated insurance, etc. their are many costs at play after initial funding then to transition long term unless your straight cash on the front end.

Your consist numbers you have and the variable numbers that you can play with are rehab and holding costs...

Word of mouth referrals from past clients play a very critical role in most realtors’s business, and to get that they need happy customers.

I'm a web developer/ real estate investor and I just started playing with Dapps, is anyone else working on similar application?

I personally would always play the role of GC myself.

Unfortunately it’s very probable you will be responsible for this unless there is a statute of limitations in your state which could come into play.

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

I have been through the BK route more than a few times in 40 years of HML ing.. and as Don states it can be just crazy what happens what the debtor will do what the BK trustee will do what the judge will do.. that all said if your position in the note is discounted enough probably still worth it. but in my mind to pay 90% and if there is not SIGNIFICANT upside I personally would not do it unless you have a repositioning play or something that no one else sees.