Furthermore, what if there is a dispute over parking between the two?

I think 50-150 units is no mans land and we stick to institutional level sized deals. his underwriting is too simple. the unit mixes are off we only build studios and 1 beds for fast absorption, the deal is also under parked without a parking study. anyone who uses "roughly" in their analysis isn't sophisticated enough. we underwrite rent growth, asset growth, and a million other assumptions this wouldn't pass any people I know who invest in deals. get with a More experienced operator and read more sophisticated underwriting. 400k per door new construction is crazy. how much is the land? 

No outdoor firepit (banned on the lake beaches except for parks), fishing is easy (squawfish are all over our beach area plus panfish and the occasional trout).

There are a ton of early morning joggers w/ dogs near the lake at S Park Blvd and there is a plaza that's not bad. 

Try SoSA district, Paseo, Jefferson Park, Uptown, Wheeler, Plaza District etc if you are specifically looking for SFR.

Mix:  equal parking 20/30/40 foot spaces.  

There at lots of great suburban markets where the ordinance doesn’t apply such as  Independence, Raytown, Blue Springs, and Overland Park. 

Parking and the number of occupants must not exceed the limits set forth in the Certificate of Occupancy or the TPLE license issued by DBPR.

You will need to keep the parking parameters in place so you will have less room to build than you think, but still sounds like plenty if the impervious cover rules and zoning allow it.

Park the $100k at 5% until you find something better to do with it.