Water was leaking and Foyer light Dome was full of water and leaking from there as well. because of excessive water drips, dry wall near the floor was also damaged.I went under contract for this property with an escalation clause as this was in great condition and paying 3% over what I had initially put in before the counter.

Blabbering aside, if your partner is the contractor he might have excess material, can get material at cost, etc.

You don't want to provide incorrect advice.Distributions from a partnership are normally not a taxable event unless the distribution is in excess of the partner's basis in the partnership.Another thing to be wary about is how the UK will tax their income generated through the US LLC.

Many lender get timid when it comes to cashing you out at a level in excess of your basis - but if you've owned the deal for 5-10 years this should be a non issue.

I have money loaned to flippers and have excess that is sitting idle like Kevin said.

Wealth building 200 years ago was a slow and treacherous prospect, these days 20 years can net you a million dollars without excessive starting resources and without breaking your back.

Furthermore, it would allow me to use excess cash flow to keep acquiring more properties and or de-lever myself.

Two years empty and unmaintained in Houston heat, moisture, bugs and termites make a mess.

Although you are paying for the excess land, it is typically not priced as multiple tracts.

That sounds excessive.