We are, conservatively, about 10 years from retirement age.Based on your situation, it seems like your best option may be to proceed with building a home on the property you already own.

DSCR is a great option, but not as great as Conventional.

In any event, I don't believe a 1031 is an option here because you didn't buy the property to use as an investment, you bought it to fix and resell.

Using a bank is the cheapest option and highly recommended.

Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust.

They're both reliable options with good flushing power and low water usage, which is great for a rental where you're footing the water bill. 

You might want to research this option. 

Lots of options but you will want to select a sponsor with a track record and an investment you are comfortable with.Make sure to do lots of due diligence

If you decide to proceed, record everything. 3) Many ways to go about this but you should consult an attorney before even going over there to review your options but you will likely have 2 main options all of which lead to him moving out: - You can go it the nice way and offer keys for cash, you pay him (an amount less than you would pay for legal fees) to move out; the contigencies are that he must move out all of his belongings, sign a termination, and you pay him on the day he leaves at the door as he is moving out (you then change the locks) - he's out and you have a signed termination, the end. - You can go it the more heavy handed way and you will likley be able to file for an emergency eviction becuase your property is being destroyed, to do this you should take photos of the damages during your walk-through. 

Start this process so that they know that is an option and available to them.