@Jack SeidenGreat question: I am 60/40 stocks and real estate right now, excluding my primary (my investment in BiggerPockets as a private business). 

I noticed that most of his posts in his group were liked or commented by the same 3 people. 

These covenants are private agreements put in place by the developer or builder.

Will he co-sign on loans from banks or private lenders, or will he just say, call 15 banks?

Assuming you have already provided the late notice, which is something you should do, I recommend finding a lawyer that focuses on evictions at your jurisdiction and just hire them to do the eviction. 

Also you can call your local Escrow  officer and ask who she/he see's doing private loans in your market.. 

Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

Surely someone has noticed this before and can explain it.

I sent you a private message.I don't restrict certain breeds, but you may want to consider it.

Has anyone tried to operate a business on a plot of land with minimal development until it builds revenue for a structure (flea-market, private park, outdoor event venue, etc)?