I'm told general build time is about 3 months which is pretty quick. 

I wasn't too worried about the debt as I made pretty decent money with work and would be able to pay it off fairly quickly knowing that we were now in our dream house in our dream neighborhood.  

I had to move quickly to re-insure this property, but the quote is more expensive.

You have measurements of performance to determine if it's a good investment and then measurements of liquidity to determine if it is a safe investment.

What profit margins are you looking for to make sure you are safe if you need to take on the project?

Once my eyes were open to this about a month ago, it has quickly become a passion of mine.

I’d like to hear if people think the following is a viable strategy for quick buying and reselling residential properties.

The rental neighborhoods are not safe in my opinion, and I have been reluctant to buy because this, which has really held back my growth.

This is another deal where Capella earned over $100K in origination fees, the loan quickly went bad, and now Capella principal Corrine Cordon looks to further enrich herself by buying out investor interests at a discount (offering 75 cents on the investor dollar).

I can see your misfortune on that first property as the foundation for your ability to execute quickly and efficiently on your subsequent projects once you realized the value in doing so.