However, the city is massive.

Again, all things the seller isn’t going to want to pay for, but massively relevant to you.Overall, this is an unfortunate set of circumstances that will likely result in the failure of this deal, unless you are open to accepting a much higher degree of risk.I’ve had similar things happen before and to some degree it’s the cost of doing business.

The pros to building new are : 1- That you a doing a massive value add and creating a substantial amount of equity. 2- You will have no Cap-ex and repair expenses for many years to come. 3 - You end up with a nicer property which will demand higher rents, both for short term rentals as well as long term. 4 - Building 4 buildings at the same location should lead to some economies of scale if you can buy in bulk certain items.

They are seeing similar markets to Frisco and McKinney where they have had massive explosions of growth over the last 5-10 years. 

I've done wholesaling in the past, and while some of the massive wholesalers who are saturating the market are having some success, getting started is challenging right now (although not impossible).

Unless there are massive property taxes in the "other costs" section of the loan estimate, it has to be the VA Funding Fee.  

On News years Eve there was a massive landslide adjacent to my house that was caused from Caltrans not maintaining a culvert drain that created a flash flood. 

So been there done that in Calgary with a 7 bedroom house and there is a few things to unpack here.1st, if you don't live in Calgary I wouldn't attempt doing this as it will be a massive property management nightmare, I would do an up and down suite.if you are going to live here or still want to attempt doing this read 👇Legality: Technically speaking if you live in the house to can rent out as many room as you wish with no restrictions.

We have a massive aquifer supply of some of the cleanest water you can find anywhere.

If you are going to generate all of your own business.....why would you want to give most of your commission to Warren Buffet?