Quote from @Charlie Green: I’m finalizing a $100k private note at 30 % APR to fund multiple flips (one property pledged as junior lien).

Still, my final sentiment is to invest all your profits in properties that you can own in the long term, thereby reducing your overhead of rent payments, which can be challenging to sustain over time, and engaging in arbitrage. 

Not a chance.We went back and forth and finally settled for $2,800.

He finally came back to do some minor sanding.

Yes, finally the overbidding is done with so I am back here. 

I saved a bunch of cash, also took cash from my retirement accounts & brought it to the table.

Glad the are finally going to limit it.

I finally rented out the entire place by the room, but I've incurred a couple of issues:- My mom stayed with me temporarily, which wasn't planned.

This way you don't need to bring as much cash to the table but can still build your portfolio. 

Finally, for the empathy portion... send him this link https://www.findhelp.org/ (enter your zip code and then enter "Rent").