@Sebastian E.

Thank you for confirming I have been treating them correctly.I write a couple per year and have been declaring the Option Consideration in the year the Option is exercised or terminates/expires.   

Personally, I ran out of lines of credit and liquid assets and am planning on partnering with a private money lender to fund my deals moving forward.

@Stephen E. 

We purchased this property off the MLS in 2019 and replaced the roof and renovated the vacant unit of an inherited tenant who's lease expired.

@Christopher Lombardi as Shafi mentioned, it will depend on a number of factors.The risk will also depend on the nature of the project, the experience of the team, etc.Are you also expected to maintain a certain amount of liquidity through the term of the loan?

If anyone knows a good, reputable contractor for cosmetic rehabs.with good expirance that know how to an estimate repair cost quick, for Full kitchen, bathroom, flooring, Paint, Hvac. 

So, as you go up the 5 (N/S) or the 8 (E/W) you run into awesome, more suburban communities again with their own microculture.

That was some years ago before I can program my checking account to send e-checks monthly or pay on-line. 

No thank you. when you ha e a lot of hungry people and a little food they will fight over scraps.