On paper this may look like an obvious solution, however, in practice it can cause more challenges (cost) than it saves for most situations.

First, I am not an attorney and don't play one on television.A verbal agreement isn't worth the paper its not written on.

To combine the two into a land purchase and construction loan you need to demonstrate on paper exactly what you plan to build and that the planning desk allows this without a conditional use permit/hearings/delays/neighbor complaints tying you up to wait 24 months to start.

Unless the law or the lease requires the notice to be paper mailed, I don't see any way it would be ruled in your favor.

It looked good on paper to have most units rented but now I need to get them evicted.

Be cautious of properties that look too good on paper. 

Though his gross income has improved substantially on paper from the horror 2020 days I’d still say he’s at 25% DTI front end.

Does anyone know of someone that serves papers in this area?

Until then, its merely appraised value....paper equity.

They may seem great on paper, but might not come to fruition based on the nature of the investmentGood luck