I'd have to buy a piece of land as well, of course. 80 day construction process.

One time I butted the "groove" part of a board to a board I had cut that had no "tongue" because I did not want to waste a board so of course the pieces looked great initially when installed but later the one board would move when walked upon and create a gap.2) remove all baseboards and re-install them afterwards.

Should I leave my direct mail piece in the mailbox?

Collateral is only one piece of the puzzle, but a free and clear asset will likely attract a line from some lender4.  

If you want to go the route of owning a construction company, let me give you a simple piece of advice... trying to bootstrap a construction company is really, really hard.

It just that eventually, both pieces of the puzzle will have to come into play

If there aren't two available blanks in that panel, another circuit might have to go to make room for this (depending on the panel it might be possible to actually use a double tap breaker in a single opening to keep the same number of 120V circuits, or a sub-panel might be needed).

Buy a piece of real estate wrong and you've leveraged your long term screw up and will be losing money you haven't made yet.

Seems to be some kind of contradiction in those two quoted pieces.

It's more fun and it has those cute little game pieces. :-)