We appreciate it and put these funds to good use in site development.

That is why they have things like quality of collateral and revenue milestone clauses in their notes so they can call the note or replace you as the manager long before the borrower is seriously upside down in the deal due to declining values or company revenues.So, in short, unless there are some details you haven't shared the consensus is you are not likely to get the loan you are talking about.

Develop those contacts and you'll do well.

No development or new construction in 09 ...unless it is already funded.

We developed this at our remodeling company over many many years and its how we estimate larger projects.

In Fiscal Year 2006, the U.S. government operated with $2.407 trillion in revenue.

It's a condo in a large development offered at 29.9k, rents range from $600-750, HOA is $227/mo.

My actual question is, are there companies out there that actually perform due diligence work for the developers for a fee, or am I on to something?

Develop good relationships with tradespeople, but let them know you always shop around for the best rates.

Anyone who feels entitled loves it (and they have the votes), and like any entitlement it's damn hard to get rid of.Other than simply not investing in socialist areas I don't really know how to prepare for that.Oh, and another thought: if I was a politician looking to raise tax revenues, I'd focus my efforts on a group that doesn't have much political clout and that is almost uniformly hated: the EVIL RICH LANDLORDS.