Anything above and beyond what I mentioned is a bank and its own overlays. 

Just to clarify, there is no limit to what you can raise as a nonprofit but, as Shonda mentioned, you can do a simplified filling if you intend to raise less than 50k a year.

I probably wouldn’t mention your third point - it makes it sound like you expect them to hold this note forever and I’m not very certain, but I’m guessing there isn’t a huge market for $100k secondary notes.Have you considered asking them to finance 90-100% for a short period of time so you can rehab and refi at a higher valuation?

But, in a market where short-term rentals in areas like Tampa Bay are on the rise... and I mean, last time I chatted with an investor-focused agent down there, she mentioned neighborhoods around St.

My suggestion is that if you are going to make this a long term endeavor you definitely mention that.

As mentioned above, they have some of, if not the best, tech/portal out there.

I am sure every state is a little different or have nuances but for sure as Greg mentioned materialmen can file a lien and then just wait.. the other thing they can do is a court action for unjust enrichment claims.. those are the two ways Materialmen protect their interest at least out here on the Left coast.. 

In case of continue the deal I would request and appraisal and inspection but still, as you mention, not sure if it is a good deal.  

Anyway, you mention you've "developed a strong foundation in market analysis, design, and project management", which are all important in the development space.My question, what areas do you feel you are lacking and are either trying to develop those skills yourself, or you'd prefer to bring someone onto your "team" that would provide that expertise? 

I saw you mention that you're interested in OH and GA.