There is significant mold damage (and yes, the "bad" kind) in the basement and at least 1/2 of the first floor.My husband is a mold remediation professional, so I'm not concerned about that aspect of the job as far as cost to demo, remediate and get "clear" mold counts.The put back numbers will be high because most of the walls & ceilings have to come out, and some beautiful 1950s hardwood floors may be beyond drying/repair.

They've been there, done that, and will end up saving you substantial money in operational aspects and technical requirements.

I agree with you on the sell the note/rent the land aspect, I was skeptical that it was a viable path--- you confirmed my suspicion.

One demonstration of this is the concept of ‘barriers to entry.’ I remember when I was back in school and this was just some business vocab word, but coming through the real estate battery and seeing many of our members struggle with it, it seems to have its place.All the time i see investors get hung up on a certain aspect of investing, some buy courses and never put together a deal while other investors buy a course and slingshot themselves into a deal.

I'd have to say that a developer who has not had several projects under their belt in a metroploitan area should keep in mind the political aspects of the plan, especially if rezoning is going to be an issue.

The point/counter point aspect of some threads in the forum are invaluable.

There is no such thing as "done building buyers list"The other aspect of course is locating and contracting great deals.

Interesting Augument on the military aspect.

Another aspect that is not generally easy to do, is while finding properties is not a problem, finding the right buyer for a property is, especially if they have experience.

In fact, I incorporate multiple exit strategies for my REO rehab strategy and certainly a second and even third exit strategy can be incorproated in just about every aspect of RE.