It's a loan based on your revenues.

This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.

I wanted to drop this review so that future clients are aware of what they are getting into.

they took options on the dirt subject to plat approvals.. then marketed the property to builders.. why they need me is that these projects require 500k to 1 mil up front to get approvals and thats what we provide.. our return is high based on risk.

All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).  

I know this industry may be hit or miss, but if anyone can drop any kind of advice that would be great!

Out of my 32 properties, I’ve seen insurance rates drop by up to 40% on renewals, and property tax increases are finally slowing down compared to the crazy jumps we saw over the last five years.

If I accept the suggested pricing opportunities it could drop my rates by $100 / night in some cases. 

Or, at least a contractual commitment from him that we can revisit the share allocation based based on the depreciation recapture based on when, and how much, we sell the property for. 

Six months later my insurance dropped me and here is where it gets sticky.