I want to continue to invest in the property especially after getting back the inspection report which had a little more work than expected but I can roll with the ball!

I did a live in flip but hind sight I would have done better with a MF3) Use the excess money to snag a couple dealsCan't change the past, if we all had a crystal ball it would make life amazing.

However, as I said the "big D" has left me in debt up to my eye balls!

Like most have already stated, there will always be some type of curve ball in a flip, small or big. 

and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.

Hey @Devon Moore not sure where or why you'd lean towards a land lease unless that's standard for this developer.In my experience its difficult to capitalize deals with ground leases involved.  

A smart seller will have note, deed of trust/mortgage/etc. prepared by a local real estate attorney (yes, he/she may work with/at the title company) and be sure the security instrument is properly recorded in the land records. 

Property value is land + improvements (the structure). 

If I did my math correctly, on a 3,600 SF triplex where you buy the land for $150k, you generate a gross profit of about $84k (based on a $140/sf build cost and sale price of $205/sf), before you pay interest on any borrowed funds or closing/commission costs.

I do have a new opportunity that I have under contract with a plot of raw land in the same area.