It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.

Are there strategies, financing tips, or resources you’d recommend for someone in my position?

Currently, we own and operate around 1,900 lots in 12 states, and headquartered in Phoenix, AZ (1176 E Warner Road Gilbert AZ).

If you are not Materially Participating, the loss will be reported on Form 8582 and like be classified as "Unallowed".The ordinary loss from Schedule E cannot offset the Schedule D capital gains. 

I’m looking forward to hearing about your experiences and any tips you have for someone considering a similar investment.

Would love to hear any tips & info that would help me get started!

I've been on the western slope for over 30 yrs.I built my primary, its; Slab on grade, stucco, concrete roof, painted with E-84n roof soffits and tailings fire caulk (anti-ember) vulcan fire vents, 4 car wide concrete driveway, extra large house numbers, red 3/4" hoses on reals @every corner, completely denuded of vegetation 100ft.

If you ever have any questions feel free to reach out and ask I enjoy helping and offering tips and loopholes to help save time and money.

Tips for the buyer:Be prepared to be flexible and wait.

Welcome to the community and be ready for a huge amount of information at your finger tips.