Well worth the effort and well worth the risk in my opinion.  

IMO, Y O U don't build a path - - you follow it.I applaud your effort to get off the 9-5 treadmill; really I do, as I ran like all heck for 37 years on it.IMO, the wholesale PATH has lots of time, effort, labor and even more RISK than Sub2 and ATID. 

the money and effort to develop the residential units is great, but the potential reward can justify the cost and effort.  

It may take some effort but it's your best bet to find someone with a track record of playing by the rules. 

@Mike Account ClosedThanks for the information:) You put a lot of time and effort into your response and that is much appreciated. 

It is totally doable but will require some effort, but the end product is very unique. 

I put this together to hopefully provide value in your efforts to build a career in the development business.

That one property that you find that is a true cash cow that makes this time and effort all worth it.But....what happens if you can't ever find it?

I'd consider the 20 paid off and receiving decent income with minimal to moderate management effort retirement. 

So, in an effort to save money, you are instead paying premiums for potentially no coverage.I am not an insurance agent, but do know that it was very important for me to have a new policy written when my use changed from primary to rental.