Jim, I haven't studied Memphis enough to render an intelligent opinion.Kevin, you are absolutely correct that overbuilding is a real risk.

Like a child discovering something new and exciting for the first time, it is normal to become enamored with the very achievable rewards this particular pillar of wealth can render.

I would never pay for services not rendered.

Some builders don't include fees for plans, renderings, soil samples, landscaping, etc.

Kiki,Typically in exchange for an origination / broker fee, some sort of services are rendered.

I will only attempt to clarify further for others that may read this post: There is a clear difference between what I wrote above which is: Congress introduced new laws that rendered some old structures absolete or ineffective versus your response which is: Congress invalidated GRATs and GRUTs In nowhere have I mentioned that Congress invalidated anything.

I'll create a web site for the home and update it from the very beginning showing architecture renderings, plans, and the construction process.  

If you want the attorney to render a legal opinion in writing expect to pay for it.

Lucas we have met, and Shane I know we have chatted here on BP.I am obligated so say here that I am not rendering legal advice ;)Essentially the period protecting the interest of the owner comes before the foreclosure in a tax foreclosure sale and after the foreclosure in a mortgage foreclosure sale.Investors can and do buy at foreclosure sales, for instance I know of at least one active foreclosure sale investors in Salina, but must do so understanding the attendant risks.  

And there is a price point at which, I believe, the cashflow renders all arguments null and void.