The owner approached me on my advise on what to do.

I would advise to look closely at previous jobs the contractor has done.

Anything else that would generate more cash flow would be a possible negative am.

Can anybody advise as to which strategies in RE will work best during the current S.California market, and equally important - how best to avoid all the "Guru" scam artists out there and find a legitimate source of mentoring.Thanks all.

Just drop me a line :D Also, I was looking into preconstruction investing in places like FL, GA, and NC/ SC, can anyone who has this type of experience advise and 'enlighten' more on this subject?

Need advise.

Thanks for the advise.

Please advise.

In a thread I had started explaining my current situation, I was advised that a wraparound mortgage was something that may fit my needs.Whenever you have time can you take a peek and maybe respond there or even here?

One thing to remember is land investment is a non-revenue (meaning long term or speculative) generating investment therefore the money invested is throw-away until you sell.