What is financial freedom to you?

Just recognize that you will have lower payments but that money will be illiquid so your personal financials also come into play

What is the plan for the that? 

I'm their best f'ing financial friend!!!

I really don’t see any upside to the auction plan, only downside. 

I am curious how they plan to make money after spending $5k to furnish and another $200 for utilities monthly, ON TOP of the $1800 rent.

Possibly I can source some deals from some code enforcement people and other creative places I can think of, but that will take some time and bird-dogs.Need help with finding deals, networking whether it be with other REIs or REAs, attorneys, financial planners/funding, confidence, and knowledge.I am determined and willing to work for this.

I talk to developers all over the us and most of what you have would pass my initial screening to move forward. then it would go to sponsor experience, liquidity, construction experience, site location and site reports, entitlements, construction partners, etc to clear all the conditions. make sure you have a plan to purchase all the fixtures we passed on that. not sure about hotel financing of beds, desks, etc 

I had a client of mine that was reached out to one of these buyers who was planning on taking his property, converting it into a boarding room situation, which was illegal and renting it out that way to maximize his returns.

Planning on the shaker white for the next house I get, as most people think it is a timeless look.