For those of you facing similar choices, what key factors influence your decision to hold, adjust, or even divest from properties here?

And this might indeed require some time to pass before doing that.You could still create a single member LLC with either you or your wife as member. 

I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights. 

Step 25: Insulation – Keep It CozyBefore you even think about drywall, make sure the house is properly insulated.

Every little thing in the project should be in writing, even down to the door stops :-) See my tile spec sheet below ...Two problems with your post though - 1) In my experience, most problems come from the customer changing their minds constantly.

Even a Coors Field ballpark or even a Polo Grounds ballpark, that would help.

🔹 Step 5: Temporary SetupsDepending on the job, you might need temporary power, fencing, or even a porta-potty for workers.

I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow. 

I am on the lending side of things and always happy to discuss shop and various funding options out there, even if not within my resource pool.Cheers!

It's even better if you've done it with land that was purchased at an auction!