My financial objective is Teak production and sales to India/China/Europe and also procuring physical locations that won't be for sale in the future.

They are $35 - 60/hr but it saves you the time and headache of figuring out how to book a journal entry for a HUD what accounts to create... oh man it's a pain ha.

Your scenario also assumes the property is paid off and that there is a lot of nontaxable proceeds from the sale to invest.

Purchase price: $31,000 Cash invested: $66,000 Sale price: $147,500 Converted an abandoned, condemned three bedroom, one and a half bath home with two rooms (one 30x15) unused/used as storage, and attached single car garage that we (my business partner and I) emptied (3, 30 yard dumpsters!)

Purchase price: $31,000 Cash invested: $66,000 Sale price: $147,500 Converted an abandoned, condemned three bedroom, one and a half bath home with two rooms (one 30x15) unused/used as storage into a four bedroom, two bath home with family room.

Purchase price: $150,000 Cash invested: $150,000 Sale price: $400,000 this was my home for 15 years, was an old mobile home but I bought a new one July 2023 paid cash. 1460 sf. 3 bedrooms, 2 full bathrooms, beautiful granite kitchen, beautiful back lake view with a boat dock, adde a new front porch 10x12 and adding also a 22x18 back porch, private neighborhood, estimate of my home is around $400,000 What made you interested in investing in this type of deal?

We are trying to figure out what happened now and cancel the reservation. 

Have a conversation with your partners and mention to them that you are interested in buying them out.Make sure to factor in closing costs on the future sale in your offer.

And for $50 a month plus the cost of skip tracing and sms campaigns it was not worth the amount of time I spent trying to figure it out.

The pictures don't work properly so it's hard for the tenant to even figure out what their room would look like.Also, be comfortable spending WAY more on construction costs, etc. than you would if you were rehabbing it yourself.