And fico is down the list at what my commercial banks look at for multi million dollar loans I get.. those are based on the 3 Cs  Character  Capacity Collateral   and of course experience and length of time with the institution.. now this is for my development and construction loans.. 

a lot of debt these days that can be gotten is 30 year fixed and cannot be called unless you default.where there is risk is 20 due in 5.. last go around in the GFC this sunk a lot of MF operators and other smaller commercial developers when credit froze and the banks would not refi and the existing bank called the loan.For our mom and pop investors in this site.. their risk as i see it is thinking HELOC's are all that when they are just like commercial loans they CAN be called and they CAN be frozen.. 

I have the same ones for each state so 1 for OH, 1 for FL, etc.4.Keep piling cash up so that I have reserves and as a backstop should/when the economy tanks.5.Focus on developing a side gig/business in 2019 to increase my income snowball.6.Research ways in which I can re capture my down payments and closing costs which total $170,000. 7.Go out hunting again in 2020 but keep analyzing deals between now and then and if a REAL good opportunity comes up.

My wife and I have a "vertically integrated vacation rental development and operation" business for the past 14 years. 

Residential condos are selling for $400+ sq ft. and no new builds will happen ever as town is surrounded by non-develop-able land.

You need to develop a pro forma and use that to come up with a return on your investment (whether that's cash on cash, internal rate of return, etc).

Following the sage wisdom of David Greene, our plan is to establish a "Core 4" team in a few different markets and develop those into profitable business relationships.As we've just started on this path, any advice is welcome, and anyone interested in working with motivated fledgling investors, please feel free to reach out!

Right now, we are still developing our niche.

I think Inglewood still has potential, me and my wife drove around the Stadium area a couple of weeks ago to understand better the neighborhood and even though it may be already overpriced, I think houses will keep going up with all the development.

I've owned it for a couple years, but I know the land is being drastically underused- I want to develop it.To start, I need to determine if the development will be a multifamily structure, retail, or more of a warehouse with office space.