Private lenders are great, and they may also be interested in potentially partnering with you on your flip.

Analyze over and over again what went wrong and look for possible different solutions and outcomes to learn from for future reference.

I know somebody living in USVI right now, so potentially have boots and eyes on the ground, so to speak.I will check into the Dave Foster book and do some you tube searches.Thanks for the great insight!

I'm finally in a good cash position to make a move and have found a property with what looks like great potential. 

Are the closing costs a deal breaker compared to having cash on hand for any potential opportunities? 

If you're considering investing in land, you need to do your homework thoroughly, understand market trends, assess the potential value of the property, and also take into account various potential risks and issues such as ownership rights, usage restrictions on the land, development costs and so forth.

Just don't allow your frustration with the situation to cause you to make any other potentially more expensive mistakes.John

In Texas a potential creditors exclusive remedy (if they win a lawsuit) against an LLC member or member of a Series of a Series LLC or a Limited Partnership or a LLP is a Charging Order.

Investment Info:

Condo buy & hold investment.

Purchase price: $230,000

Cash invested: $50,000

2 Bed 2 Bath Condo with attached 2 Car Garage in Walled Lake city center. Very close to Walled Lake s...

I could mid-term rent my house, which would cash flow more like $1k per month but there's more potential for vacancies.