I have made it a point to learn how to do much of the work myself and enjoy putting my own sweat equity into the properties.

To be clear, I enjoyed working with you in the beginning and found you to be very knowledgeable and good at what you do.

Hope you enjoy it here at BP.Regards,Ron Dayley

If you have an investor lend you money - that investors is not in a flipping business, he is simply a lender, loaning money to you.Let me reiterate what I said earlier: you should contact a professional and discuss your situation in details to get a proper guidance, you can only share limited amount on the forum... based on the above discussion I can't say that I fully understand your business model, if we were talking on the phone that would be a different situation, I can ask any clarifying questions I need to get a full understanding in order to provide you with correct guidance...

There are a handful of reasons why you could get a second loan, relocating 100+ miles away, or significantly upsizing your home due to a growing family ect, but simply waiting a year and getting a second loan isn't necessarily going to work unless you refinance that first loan. 

That's going to be real hard to do if you don't even have the cash for a downpayment.Are you looking to get some income from rental properties, and then switch careers to something you enjoy more?

I am a hard worker and have always enjoyed the daily interactions of conversing with people. 

Leases generally run first to last of month so unless you have a very special circumstance a tenant can not simply postpone a move by a single week.

Here's some information on a plot of land I am looking at:The plot of land is $70,000, in a beach town (not a popular destination, but also not in a completely run down neighborhood)Has already been zoned/approved for 750 unitsBased on demographics I put rent at $1200 per month per apartment I calculated a construction like this will be around $7 million.Basically, I ran the numbers myself, but I know they are not spot on, and I am simply asking for advice from somebody more experienced in this field to help me out by pointing out things unique to these types of projects.

I've always thought building equity would be great; pay them off and enjoy more cash flow, do a cash out refi and buy more, cash out refi and loan the money, do a 1031 exchange into a more passive portfolio, etc.