That way when option period comes due and tenant leaves instead of renewing the lender could liquidate and be made whole on the loan.

I like this one.3) Highest risk because too much carrying costs with hard money, inability to predict where market will be when it's time to sell (9 months + modular construction time), opportunity cost if your funds are tied up and another deal comes along so I'm not a fan, negative cashflow like crazy over a long period of time is no bueno.Like the numbers on your deal, too bad 9 months + build time is really far out.

So now there is full blown litigation, TWO attorneys charging and quickly the whole thing goes belly up. 

Plus, I think I can fill the vacancy quickly, leasing it to one of the other interested parties. 

-Typically these properties require a lot of capex at the end of their compliance periods.  

Hi @Charlie MacPherson Thank you for the quick and helpful response, I will be sure to ask about the septic and to reach out to Ann about the lending. 

You will need the License number for the complaintIt is not quick, but for about 15 min work you can get a possible ally who will help you.License Number:60DBO-71794

Hello BP,My 45 day selection period was disrupted by hurricane Irma.  

Maybe its worth it for a quick flip if all it needs is paint and carpet. 

Doing a quick google search it doesn't look like these companies are linked in any way.