Don't take this wrong, but if you were a contractor reading this thread, how excited would you be to do work for Tiffany Roberts?

@Michael Mainini nothing wrong with a partnership if you're partnering with someone you have been able to trust for many years but regardless make sure you have a legally sound agreement between all partners that leaves no doubt in case there are disagreements.

Just did a phase 2 recently with drilling and water/soil sampling it ran $6k.

There is nothing wrong with having only one rental unit.

On a makro level David is not wrong: we have seen this very clearly the last 2 years and above all it is the housing supply that is making it difficult.

@Clifton MonteYou’ve got too many undefined numbers and maybe missing/wrong numbers. 

There's not really a right or wrong answer. 

Your word and you name is all you have at the end of the day so please ensure you have enough equity in the deal to borrow the additional funds from someone.Lastly, analyze where you went wrong on your budget so you can make the necessary adjustments on the next deals.

Inspector states it appears from the outside that the dryer and/or bathrooms may vent into the attic space and not to outside; Vents for this are currently too few and the wrong type. 

Eventually, the house sits on the market and most buyers wonder what's wrong with the property since it's sitting on MLS when most other properties sell over the 1st weekend open house.