So you’ll need another huge mortgage if you borrowed a lot to buy the building.  

Especially for MTR, I want to establish relationships with these companies to lock down my niche.

It is a lot to ask of friends and family to couch surf for several months-a week or two, perhaps. 

This is true even if you set up a business and establish a track record. 

Tech companies are continuously moving here and establishing a footprint in Columbus as well.

Any wild idea that how much it will cost to make the vacant lot to a living space?  

They're very well established so I feel pretty comfortable with the sponsor and their track record.

I also believe the income used for purposes of establishing my short terms gain tax rate is calculated as my income + the capital gains amount (also deemed to be income), which will push me up into another tax bracket.C.

Established developers with a history of successful projects are generally safer bets. 

We are seeking to establish an estate plan to transfer these mortgages to Trusts without forfeiting tax benefits or triggering due on sale clauses.