The projections the developer is saying may or may not happen and if a down turn happens you have no money coming in and a fractured project.

Do you get many nose bleeds at that altitude?

And that's why I show my property myself, it's when your nose can pick up "spoiled brat".

Many criticise me for my hard nosed zero emotion approach to our business.

I understand it will require a leap of faith on your part but [look into his eyes here from half a foot distance, and grab his shoulder and rub it uncomfortably and squeeze his muscle tightly and say] if you stick with me, I promise you I will become a relentless force in the investing world and we WILL make money.. ... while for the next 4 seconds (FOUR, not 3, not 5, but 4) you keep staring into his eyes (from half a foot apart), noses almost touching.It worked for me Do this.

Fractured condos can be problematic but I have a friend that does pretty well owning about 25% of the units in one complex.I would start by thinking of how you will operate this.  

Yes, through my Mortgage Broker sources, consisting of Banks and Mortgage Lenders, are offering I/O payment options as well as Hard Money sources.The Stated Income ALT loan programs for Florida are offering the I/O payment options as well.And to those who turn their nose up at I/O loans, when is the last time you made an extra payment on your Non-tax deductible car loan?

I dealt with hard-nosed druggies. 

Do it once, throw some metal nosing on there, done.

You may even be able to find a buyer nosing around the boards and areas where sec 8s are advertised.