Creative and sky is the limit. from is flat piece of dirt and turn it into nice housing that people will enjoy living there is rewarding and a sense of great accomplishment. 3. skill building, it require many areas of expertise from start to finish. the amount of knowledge and skills one will learn is a lot more than just flips or buy and hold. from the understanding of zoning, city planning, drafting up plan with architect and engineer, approvals, documentations and financing. the list goes on and on. maybe this is as much as a cons than a pros depends on how one sees it. 4. development low income housing, we have a housing crisis, and developer are not focusing on people with low income, they have their eyes on where the money is. dealing with state programs can be lengthy but worth the effort in my opinion if the outcome is to build something that is profitable at the same time giving family a better home/environment so their kids can thrive.

I know this is lengthy.

Thank you for your time and for reading this lengthy post! 

Normally you'd think that would require charging them a fee, but really it just takes asking them to do something (like fill out a lengthy web form perhaps).

My lengthy post above explained why that’s not necessarily true.Hopefully, I made my point that moving into a property does not somehow convert a properly originated business purpose loan into a consumer purpose loan, thereby getting your lender into trouble.Of all you wrote, @Bob Duke, the only relevant fact to me is that you signed a document agreeing not to move into the property and that was a condition of your loan.

Hello BP Family,Apologies in advance for the lengthy post, but I have a rather unique opportunity at my fingertips that is a once in a lifetime opportunity and I'd love to get as much advice from as many savvy real estate investors as I can. 

Establishing business credit is a lengthy process. 

But based on some estimates from city planning department and cost research, it could be a lengthy and costly process.  

They are usually pretty lengthy.

However, I feel like when presenting the contract to the seller they'll feel intimidated by how thorough and lengthy it is compared to a one page purchase contract.