Last contact I had with him said that he hoped distribution would come out in 90 days. 

A 1/4" wear layer may only last you 75 years. 8-) The hardwood can be refinished while LVP cannot.

We have seen steady rent growth and appreciation over the last 10 years, especially the last 5 years.

Hi Terrance,Sorry for the very late reply — the last couple of months got away from me with work and some unexpected personal commitments.Thank you for your thoughtful response.

well over 200 deals the last 10 years.

Curious on others’ thoughts here:I sold off a bunch of my stock trading portfolio in the last month and now I have $50,000 that I’d like to reinvest in some manner.

Otherwise, if every company is declining, you may qualify for the NJ Fair Plan, the state ran insurance program for high risk properties that cannot be insured in the private market (insurer of last resort).

Quote from @DeQuantay McDowell: I’m close to locking up a potential fix & flip deal here in Columbus, GA, and I’d love some feedback from experienced investors before I move forward.Property Details:4 Bed / 3.5 BathPurchase Price: $275,000ARV: $360,000 (based on comps within the last 3–6 months)Estimated Rehab: $15,000–$25,000Mostly cosmetic: paint, flooring touch-ups, fixtures, landscaping, and minor updates depending on inspection.Seller claims the property will be delivered free and clear (no mortgage or tax liens)Current Condition:The property is in good structural shape.

When it hit >60 last week, I went short. 

It’s already paying off—and will continue to for decades.What Went Wrong• Neighborhood issues• Construction period extension denied• Rehab 2× over budget• 2.5-year timeline• Stress, doubt, and constant cash injectionsWhat Went Right• I didn’t quit• We completely revitalized a neglected pocket• Cash flow is strong• I gained multi-unit, heavy-rehab experience that now makes everything else easier• The area is now a feeder for future BTR and infill dealsMy TakeawayEverything that could go wrong did.But finishing the job created lasting value, for the neighborhood, for my portfolio, and for my own skill set.