Congrats on passing your test and good luck out there on the front lines!

@Jose LopezThanks I will give u an update about my area after I test it out

One of the plumbers suggested a shower pan test, and it passed. 

Most info stands the test of time.

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

After 4 months of class and testing, I finally just received my SC real estate license.Are there are any potential ethical dilemmas to negotiating with a seller for a wholesale price on their property within the state you are licensed? 

Make sure you test each season, too. 

I then compare comps and rental stats based my existing rentals (rentometer is ok but use the median value and stress test it).

I feel like it could cash flow pretty well, but it doesn’t meet the 1% test.

A ton of wholesalers and flippers, but not a lot of developers.  1) I've never tried getting financing to buy the land, I typically buy my land cash so I'm not incurring holing cost while waiting for approval 2) it should not be difficult to get a construction loan, I know lending one offers new construction loan, for my deals I've got a private  lender that borrows me money 3) The way I structure my deals, I'm paying out of pocket for all soft cost engineering, architect,  soil test, impact fees, I left out 2 critical steps on my initial write up Soil test: I'm ordering a soil test as soon I put the lot under contract, the cost is about $500, the county would want to see the result of the test when submitting your stormwater management plan Impact fee: Make sure to check with your county, some counties have them and some don't impact fees could be huge, in my county depend on where you build impact fees could be as much as $25k or $12k 4) I try to get as much as I can get done while under contract, In my county the typical turn around time is about 4months, while in Baltimore county I know builders that will close today and break ground the very next day, they have a faster permit process