Purchase price: $1,450,000 Cash invested: $2,000,000 Sale price: $2,300,000 Letter for bank financing:"Dear Debbie,We would like to apply for a construction loan to fund a project that we are currently finalizing our construction plans for.

I've seen things like young kids hanging out there and even people using it as a dump zone.What are my options with this property next door?

That, plus numbers just not making sense unless you put an insane amount of money as a down payment / buy in all cash, and other anti-landlord legislation made me look to a state like Ohio starting in 2021 and ultimately moving to Columbus to focus on building a portfolio and I've been very happy with my ROI both in cashflow and appreciation over the past few years. 

Based on the raw numbers if your getting financing your looking at more than likely 20% down although 15% is available on an investment 4 unit for financing. 

What is likely to happen is that people who have financed properties could walk on their investments, or do a deed in lieu of foreclosure if they have very little equity.  

Depending on when the property was purchased, the second wife likely has a claim.

When was your last flip and what is the market like recently? 

They sold their home and retired to a very walkable 2bed 1 bath apartment in a neighborhood they liked.

Over the years you'll decide which battles you'd like to fight.I approach active investing like a business, 1 of many S.O.P.'

Is something like this possible?