Give them 24 hour, written notice that it is happening and do what you need to do. 

Hey @Jordan Ryan - Consider connecting with @Cam Schwartz... he has some great private money products at his new business called vert! 

((Basically a "Loft" layout, but enclosing half the upstairs -to be a more private upstairs bedroom with it's own toilet & sink))....

They'll just let the damage continue and say they never noticed the issue.

When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Part III).I noticed that the loss from Part I was shown on schedule 1 line 4. and helped zero my taxable income in Form 1040 line 15 (I had a negative total income on line 9 and 11).

I’d love to read any updated terms and conditions they have that demonstrates a commission for private / direct sales.  

(Noticed I didn't include architects in that list - from my experience most architects are great at building design but shouldn't try to do land planning.)If you have never done any development like this before than it would make sense to partner with someone who has (or flip it entirely) once you have a site plan of the property's potential.

I think 1st year it will be real noticeable   2nd year slightly noticeable.  

There are NO institutional investors that will jump on this kind of deal, but you can maybe find a private lender or do a Joint Venture (equity split?).

However when I would do work outs it could be a challenge for private second holders to understand the pickle they were in.All the more reason every investor should obtain qualified legal consultation before investing directly into notes