Your market may vary, but the reality is that nearly three fourths of applicants want possession immediately, so waiting for checks to clear is not a reasonable option for them, and it's dangerous for you.

These are both a dangerous assumptions, in my opinion, because, as Warren Buffett or Benjamin Graham would say, you have no "margin of safety" if the economy downturns for a while...AND because you are still highly leveraged.

There will not be explosive growth in our downtowns until populations truly grow.

any hidden dangers or downsides to signing one ?

Is there danger of that?

That is a very dangerous strategy.

., can be quite dangerous.

Does "demolition materials" mean explosives used to do demolition?

That's why people with ideas that try harder to circumvent laws than just follow them are dangerous. :)

That will be a barrier of entry for any commercial loan and frankly would be dangerous for you to get into a commercial property with little to no reserves (of cash) to deal with any unforeseen issues.