Normally they're set up to take a lot of your money and sell you some kind of monthly software subscription.Search google for a white paper on tax lien/deed investing in your state. 

This is why landlords, especially mom-and-pop landlords, need a reliable way to vet applicants in risky markets like Baltimore.  

He has acquired the land, gotten the permitting, has construction financing lined up but needs ~20% cash equity / home.I know very little about his particular real estate market, and I've never built anything myself. 

My insurance company screwed up in insuring the property and are trying to cover it with their E&O policy.

I would look for a multi-plex to buy - up to 4 units would qualify.

I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

So - fix it up, and then refinance.What am I missing? 

Additionally, the property's purchase price provided an opportunity to generate significant returns with minimal investment, aligning perfectly with our investment strategy and goals.

Thanks for the heads up.

@Jeremy Sanders you actually asked the question I have had as well, but you summed it up so perfectly!