A few frameworks investors use in your situation:  Start with a BRRRR using your $100K Low risk, lets you learn the process without touching your home equity yet.

That might allow you to negotiate a settlement.

We eliminated many subdivisions due to poor engineering practices or issues like soil settlement.

Even prior to the recent settlement.

Settlement is faster.

You’re thinking about this the right way, and your instinct to not pay near stabilized value is exactly right.For a fully vacant, 1950s vintage, gut-renovation multifamily, the pricing should be driven by risk, time, capital exposure, and execution, not just the end value.A few framework points that may help:1.

This is one of those areas where there isn’t a universal rule, but there is a framework that keeps you profitable without creating unnecessary turnover.A few principles I use:1.

The sweet spot is in the middle.Here’s the framework I use when coaching new investors:1.

@Ricardo Vergara, A true passive investor builds a simple decision framework and sticks to it.

A January hold remains the base case, with any next move pushed later into 2026.Addison, Allen, Anna, Azle, Batch Springs, Bedford, Benbrook, Burleson, Cedar Hill, Celina, Cleburne, Colleyville, Coppell, Corinth, Crowley, DeSoto, Duncanville, Ennis, Euless, Farmers Branch, Fate, Flower Mound, Forest Hill, Forney, Glenn Heights, Grapevine, Greenville, Haltom City, Highland Village, Hurst, Keller, Lancaster, Little Elm, Mansfield, Midlothian, Mineral Wells, Murphy, North Richland Hills, Prosper, Red Oak, Rockwall, Rowlett, Royse City, Sachse, Saginaw, Seagoville, Southlake, Terrell, The Colony, Trophy Club, University Park, Watauga, Waxahachie, Weatherford, White Settlement, Wylie, Dallas, Fort Worth, Plano, Irving, Garland, Grand Prairie, McKinney, Frisco, Mesquite, Carrollton, Denton, Richardson, Lewisville, or Arlington