Good luck to you in your new venture, I’m rooting for ya!

This is my first real estate venture, and I want to make sure I get it right!

I'll lose money for 6 months so you can move later is a suckers move.If the unit is 40% under market and you want to keep them as tenants, raise the rent 30%.

Kinda weird seeing some hate on Kiyosaki's books or maybe because I just read 2 of his books so I don't know the progression but for me RDPD and Cashflow Quadrant is enough to get your lightbulb light up you're right, then venture on to other books.I love to read as well and I've encountered analysis paralysis before so I know how not to get to that point but if you ever get to that point my advice is just to take action and have the mindset of "I learn, not fail" and that's really what made me power through all those things in my head.Good luck on your real estate journey my friend. :) 

Is there a list of venture capital firms to contact for a real estate development Tier 3, TOC approved project near downtown Los Angeles?

Because tenants in good buildings don't want to lose their homes whereas tenants who have been treated poorly over the years certainly don't care about their sleazy landlord's financial problems and they don't care as much about getting evicted for a crappy apartment.Personally, I only had two more late payments than normal during the height of COVID.

My concern then is if I ultimately cant get financing I don’t want to lose my deposit.

Complex construction projects are the easiest way to lose money, and the toughest for inexperienced investors to be able to pull off.There are a lot of inexperienced contractors as well who will gladly give you a quote for $50,000, get half way through the job and not be able to complete it or need another $50,000. 

Note, even if insurance pays for all the damage your property suffers, you still lose.

Sometimes you've gotta bring out the big guns - why should you lose money and a new tenant due to your current tenant reneging on her moveout date?