The property sits on 40 acres, has an old stick built converted to storage, an uncared for 2002 mobile (but not run down, appears to be made easily habitable with no major damage apparent from pics).

California would much rather you stick to your W2 job, your 401K, to count on social security and the safety net.

Two tone would look better but I'd stick to all one color unless I lived there.

While the price point is usually a sticking point, you also pay for peace of mind knowing that things are in new(er) condition.

… I am sure we can trust you to stick to other rules and not attempt to screw us over, in other words, to be ethical.Maybe there is some way to do wholesaling well.  

What's the lesser of the evils-- wait it out, and see how the properties fare with new tenants (I feel like I've done that twice already, lol) or suck it up, take my losses and get the H-E double happy-sticks out of this mismanaged and headache-ridden town, having paid a hefty 95k price tag for this hard-knock life lesson?

This re development will stick out like a sore thumb surrounded by historical homes built in a dense pattern.

Additionally, we've owned it since Nov. 14; this isn't a case of an investor buying a property, doing nothing to it, and sticking it back on the market in 2 weeks (although, once again - if it appraises, it appraises, imho).I also feel that my contract and what I paid to my contractor is proprietary information.

Ok, so for a new investor would you suggest that strategy, or would you suggest trying to stick to a lower ARV percentage so there is more room for error?

Stick with your decisions and build from there.