I will disclose full details soon, but the skinny is that I was able to acquire the additional lots of the original whole parcel which has added tremendous value to the property and will result in an even higher spread than anticipated!

@John D.I'm anticipating $14-16k per spot.

I anticipated my budget and took the loan out and provided the contract when the contract was actually signed (the date on the contract has to be current so you validate your claim for the 401k loan going towards the house - I have gotten denied before on another deal that had problems at closing because the date was past the 30 day mark).

However, the razor-thin cashflow seems to raise some concerns because remember some projects can take longer than expected and cost more than anticipated. 

It cost more than anticipated, and it didn't sell as the season is so short there, so I leased it for the winter thinking I'd put back on the market this Spring.

As businesses expand work-from-home scenarios and de-densify workspace, investors anticipate declines in the office market.

I would but this project altogether has been a much higher budget than anticipated haha!

If you anticipate ongoing challenges with language barriers, you may want to consider hiring a bilingual property manager.

The current sellers aren't willing to take a decent haircut in anticipation of these requirements.So I don't know how environmental requirements are enforced in the US, but I expect any market not prepped to be shellshocked if the law gets laid down.This greatly affects any buy & hold strategy in the long run.

I had a few quick questions for you.Let's say I have purchased a tax deed at the monthly auction (Texas sheriff auction) for a reasonable price on a prospective property I anticipate to not be redeemed during the redemption period. - What are my options during the redemption period other than just waiting for the redemption period to expire?