A full schedule should be mentioned once the final plan and scope of work are discussed.

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment You have not mentioned anything about the borrower.

Quote from @Christene Martin: Hi Christopher, I am familiar with the NJ areas you mention.

At a minimum,  you should understand what the current zoning is and what restrictions there are.As the post above mentioned reaching out or going in person to speak with the planning and zoning department will be very helpful. 

Like @Jethro Stoltzfus mentioned, that wouldn't be violating any TOS.

Just like this new wholesaling law.. you will have many listen to wholesale gurus who will never mention which states have these regulations they may make a small mention about legality but they will take the money first and worry second about their students.

Funny that you mention a Top Golf because part of this saga I didn't mention is that at one point the developer who was failing at rezoning this site was "threatening" to open up a Top Golf on this parcel smack dab in the middle of the city.

After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!! 

The quiet enjoyment mention is very relevant as everyone is entitled to that.

Hi Jeff, as everyone has mentioned, I would suggest house-hacking a 2-4 unit if you have the means.