@Guanghui ZhuIf these are land deals and you are not made whole after foreclosure in most states you should be able to obtain a deficiency judgment as you know the borrower is not living there and may own a primary residence.You could get a judgment against the borrower on their primary home and seek to foreclose on that propertyPeople tend to take things much more seriously when it’s against their home vs a vacant lot

As Henry T mentioned, this is the worst type of risk.  

Originally posted by @Lydia T.

@Hung T Nguyen I'm not sure I understand where you're coming from.  

Have you obtained any detailed cost/benefit analysis quote?

Providing the school and annex issues don;t degrade the area too much you should be OK.

Tell your age t to do their job.if its been long enough your agent can look back and see the sales price and financing type of properties you have offered on.

Find out if the noisy neighbor obtained proper approvals from the committee (if there is one) prior to installation.

They ‘know a guy’ (private lender) and if you can “cross every T and dot every I” to meet their guy’s lending requirements the loan may go through.  

I'm going through my first BRRR property and I was wondering if obtaining W9 from contractors during renovation is always a good strategy.