Lumber 3xed in price in 6 months.  

@Melissa Perez there are increased costs across the line for some building materials, but not others...lumber is a bit out of control right now, but electrical and plumbing fixtures still cost the same, etc.

At 1400 sq feet it cost $95k before lumber prices went up.

So, unloading by hand makes no sense to me.  

Know your fundamentals going in and that will you avoid some problems 2 - Make sure you are building in 20%-25% of instant equity that way if you need to get out you have some room to unload and not take a bath.  3 - In the beginning take on smaller rehabs... that way you are getting in and out within a few months or less and can avoid major downturns.  

Next thing you know I had spent years blazing through a dozen plus strategies, survived the mistakes, and found myself in ownership of a remodeling firm again, a lumber yard, 2 home improvement product lines, consulted to hedge funds, worked in syndications, and it was like a blur. 

And what happens if you suck at real estate investing and you have to unload the investment property at a loss?

Ideally the land would be sub-dividable, in which case I would put the houses on foundations that would allow for them to potentially be sold as a single family residence if I ever need to unload the property.

The kids would prefer to unload it and take whatever cash they can get.9.

The learning curve a killer but now I am stuck on unloading my burden selling it to break even or renting it out at loss.