While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

I help business owners and investors raise capital usually connecting them with partners who can secure $75k-$100k at 0% interest for 12 months.

- Securing the property- Removing the waterIf your furnace was stolen, you may need to get propane heaters to facilitate water removal.

Since the property is in Los Angeles County, I expect the eviction could take 4-6 months, followed by another month or two to secure new tenants.

It's impressive that you secured a deal like this with no renovations and turned it around the same day.

Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏

To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.

Additionally, a lender deposit ranging from $20,000 to $100,000 is necessary, along with a rate lock-in fee that typically amounts to 2% of the loan amountIn the process of raising equity, it's crucial to be diligent while filling out necessary forms and securing required verifications.

Also, securing financing is no different than site built unless you're dealing with  someone that has no experience originating loans. 

Agree with @Jeff Pollack on having the guts to leave the security of a JOB.