That hasn't stopped the project though.

My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space. 

This was due to finance arbitrage like many retail bankruptcies, They were selling furniture/TV/appliances for 2 decades financed at 3-4% and borrowing at 2-3%, now their billions in floating rate notes are at 7-8% but only getting the fixed 3-4% for the washing machines etc They lost 77 mil last year and rising fast so had to Chapter 11 to stop the bleeding.Next 1-2 years will be very interesting in markets/CRE etc.

And in 10 years, if I decide to stop building and holding any more, will be worth 15 to 18 million and I'll 6 to 7 million  (9 to 11 million in equity/net worth) that will be cash flowing 250k to 350k a year.

Its right off 285 with easy access to E470.

I planned to do a piggyback HELOC to have access to quick capital in case a good next deal came along but it has been a long drawn out process and right at closing they decided they needed a new appraisal.

My team is also well connected to this sector of the industry allowing us to be experts in Land listings as well as have access to numerous Off-Market Listings.

Anyone know if there is an accessible list anywhere for code violations open and or closed cases?

Either way, you win the auction, you have access to deed on the property.  

Private money lending is a great way for real estate investors to access fast, flexible funding.