In other words, your designer can be working on a project where the ARV is $150k one day; then the next day they can be working on a project the ARV is $1.2 million without any disruption.

If a property came on the market worth 10 million and they were asking 5 million, that is a fantastic deal!

I then started to get a million dollar umbrella policy but the insurance companies said I need a certified lead inspector give an abatement before I could get the policy so that's what I'm working on now.

(and was glad to hear how others do this) never in a million years would I dream of painting it!

first talk to a good real estate broker that specialize's in land in that area.. that will give you a baseline value. and remember in CA there are millions of parcels like this throughout the state legally created lots .. that are either no buildable and or not economically buildable.commercial enterprise on 3 acres is not feasible in any fashion.

For someone buying a 2 million dollar tri plex maybe not because you can't take tax deductions over 1mil but in my situation I could take the full tax deduction on a 500k mortgage for a 2/2.

. $50k will likely buy you a multi million dollar apartment building, which again will set you up financially for life.

For example if you have 1 million dollars cash, you can buy 1 million in RE.

Now all I need is someone that can bring in 7 million and joint venture the deal.

The deal is as follows.Purchase price 15kARV 42K4bd/1ba16k in repairs if I retail it10k in repairs if I rent it.I am also working on a commercial property deal 2.3 acres in a fast growing area on a main highway buyer wants 1.3 million.