But moreover, not charging and application fee is more likely to get you people applying who, well, umm, know they would likely fail one but why not apply since it's free?

It's the best way to connect with the people in your market really making things happen. 

I'm not sure their experience with something like this, but they would definitely know the right people if it's not something they can do.

I presume you are looking to assume the current loan? 

I know many people have lawyered up, and they’ve gotten nothing of value back in return for their legal fees.

People who say JV is bad do  not know how to structure  it and manage it and the exit strategy..

I wonder if Fort Worth is like Dallas there is more developing on the north side and People are tend to move to the North side?

It's only 25 minutes to Lansing, so it may be a cheaper rental solution for people living in Lansing.Don't really know either market, so recommend you compare average rents to determine how likely it is someone would commute.

People have different ways to make things work. 

I imagine it's hard to tell from a burnt lump of plastic if the smoke detector was defective, the battery was defective, or if the battery had any juice left.Let's assume the smoke detector was operational, how does that stop a building from burning to the ground?