I'm putting together a listsource list for SFR in my target area, and I'm seeing 255 results for my criteria unless I add in Equity Unknown to my equity filter (30%+), in which case it goes to a much more desirable 1052 records.Am I wasting time and money including the Equity Unknown or is it worth the additional investment to cast a bigger net?

Whatever you do I would search for a lawyer first thing tomorrow, you have suffered enough and there is no more time to waste.

The problem is if the market sees a correction and you are no longer able to service your debt load.

Also, I find that trying to predict how long someone will stay in an apartment is a waste of your time as a landlord.  

Development is capital intensive and if we are talking about true development not just fix and flipping SFR's which anyone can do. and takes not much capital.True development takes a boat load of capital.. it takes very good banking relationships that take years in many cases to establish.Now if you have a lot of dough  a few million in Cash you could buy your way in.other wise you have to work your way up... lenders are NOT going to lend to first timers I can tell you that... maybe some hard money guys with ridicules equity positions and are ready to take the project from you if you fail.. but banks nope you need a strong track record you need a monster balance sheet and you need liquidity in the 7 figure range usually.One way to start to get experience though is just do a simple lot split..

The administration wasted no time and has halted one of Obama's last minute legislations to cute PMI rates.

@Tarold Davis1 (lining someone else's pockets) and 3 (non-refundable deposit, higher than average rents on a house you may or may not purchase) waste money and you don't own anything.Option 2 gets you want you want for your kids and doesn't tie up your money.

They wasted a month of my time, so annoyed.

Has anyone ever gotten in the door with that low of an amount or will I get lauged out and be wasting mine and the bank's time?  

Here's what we all want:   My relatives/tenants want to buy the house asap because they don't want to waste time and money by renting.