Take a second to let it sink in.

Not trying to rub salt in the wound, but foundation issues is one of the most common issues for existing construction in Texas.Most common issues are a sinking corners on slab on grade construction.

The reality in Utah is that with a tiny down payment you are just not going to cash flow at today's prices.

In reality,  long-term leases make that a slower process, so rents just stay the same. 

a reality check might be needed.

I know it hurts to sink more money in, but you got to pay to play.

That would make me uncomfortable as it would seem they aren’t as “big” as you might think and the slightest road block where more money is needed could be them demanding it from investors to even continue construction.Now don’t get me wrong I put together draw packages all the time where we do draws along the construction time line and each party puts in money to pay for construction as it moves along but these are huge projects and a different animal.All I am saying is there would be lots of questions in my head as to why they wouldn’t want to use escrow and IF they needed my funds to actually break ground or not.Although a 5k deposit in reality Is not really going to get any project off the ground in reality..

I think that seller financing can be amazing on paper, but the reality tends to be less glamorous.No home buyer accepts a seller financing deal at 10% interest as their Plan A when a bank would loan them the money at 4-5%. 

As long as it is functional and clean we have used appliances, sinks, toilets you name it.  

Some windows need to be updated or replaced.Sewer line is good, but sinks need to be snaked (grease).Upper unit has a working furnace.