@Mike Hartzog  correct... in our world 2nds simply did not happen all first trust deed or mortgage lending and all collateral assignments of said.now my facility at Umpqua 4 million.. they would not actually record the assignment they just held it and we gave them an alonge'  they would only record if they were going after the asset.Riverview and Columiba community were I had the same facilities only larger they recorded everything so the transaction was a little more cumbersomeand of course we had to close the loan with our own cash then back fill.. much like a conventional lender who does table fundings then sells in the secondary market.. but once the machine was up and running it went well but it took staff to run.. that's for sure.

Rob Cook  thanks 100 %!!!

And the food I prepare the night before is now my lunch and dinner for the next day.One might argue ''Well you are spending TIME to cook the food, so you are trading you time for money''This is true, I am , currently , trading my time for money.

Hoping to get some opinions on a deal I'm looking at.I have some land under contract to build a large commercial facility. 

You could also get someone who uses it like a storage facility. 

Are there any common facilities (water, septic, road, etc.), or common property that the homeowners or developer will need to manage.

I have google mapped over and over facilities in my area and it always comes up looking like a great investment. 

Buy and hold, house flipping, wholesaling, small multi-family, lease options, land contracts, large multi-family, assisted living facilities, vacation rentals, corporate rentals, self storage, notes, mobile home parks, medical office buildings, turn key rentals, etc.Is your head spinning yet?

that's what I am thinking.. going to look at a plant today.. ( after salmon fishing on the Willamette )not really interested but my buddy who is developing it wants me to look at it.. and since its his boat I am obligated.although he got a master lease from the city for his facility so the city is buying off on it..  

I'm looking at a property in cook county, IL and noted that the assessor's office is using an estimated market value that is greater than the listing price on the property.