When I ran it, I think it processed the rehab costs as a cash out of my pocket expense.

This investor wants to give the property back to me and avoid the foreclosure process (I do too).

I’ve had the house appraised and I’ve got over $80,000 In equity in the property, I’ve come to the realization that I can now either do a cash out Refi on it and pull the equity out and repeat the process very similar to the BRRRR process it I can 1031 exchange it and look into maybe applying the equity into a larger 15-25 unit property.

I will repeat this process until I’ve grown a sizable real estate portfolio (4-5 homes), then I hope to move into investing in larger/higher unit properties. 

No forget the masters that are crushing it right now... just look at those that are struggling yet making steady process.

Then it's a case of waiting until everyone has paid and do a process of elimination. 

If you’ve never had a problem filling it I don’t see why you are stressed about it, I actually sorta enjoy the marketing process. 

Staking out the permitting process is an interesting and unique concept.

Also note that the process to split the lots can take a while, especially if the city is busy during the summer construction time.

I have been in the process of attempting to purchase our 2nd investment property, which is a unit in a Condotel.