Often times the to do lists for the contractor is in the 40-80 item range, and even with a good PM its impossible to monitor everything perfectly, and I have caught some items here or there that were either not done at all or half assed.   

So yes, you have equity in the land and that is perfect, but you need to know what the final value will be to determine what your final ARV will be?

If you want that perfect house hack, you should look in different areas.

In a perfect world, with efficient markets and information-parity, valuation and price would be the same.

Also, not sure that I'm "crying with a full stomach" if anything I'm perfectly happy with a full stomach.

We plan to do multiple deals as we expand and perfect or systems. 

While preparing to orchestrate our Thanksgiving feast tomorrow, it occurred to me that in many ways (while the analogy is not perfect) this week has been much like my last year (on a much smaller scale). 

I've been selling 12% interest three year notes for the last five years and the program runs perfectly BECAUSE of the unique underwriting requirements of the loan, cash from the investor and safeties in taking the property back.

Like many, it seemed to be the perfect job- "easy", fun, and potentially very rewarding.

Once your processing is down solid, your ad writing skills are refined and you have a budget, that is the perfect storm!