I still think it can pay off nicely for people who are willing to bear some risks and put in sweat equity, and if I were to do this full time, I'm confident I can make it work.  

So, for instance the court can decide that the note holder of the matured note will receive a new note in exchange for his interest - with the new note amortized over 20 years and bearing a 6% interest rate.  

@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.

Investors bear responsibility for doing their due diligence on any investment they make - or being willing to suffer the consequences IF the sponsor/syndicator did the following and possessed the following 1.

In my area, Boise, ID:$500-$750/tree demo$50.00/lf - 6” Ductile Iron Water Line, 5ft Bury, Standard Soil, Excavation, Bedding, and Backfilling Included$2.50/sf 3” HMA Road Paving

Fair point, I really don't want to bear the burden honestly.

Hello there, I believe is my first post so bear with me.

I went hiking in Yellowstone and guess what I brought to protect myself from bears (not a gun). 

I've always wanted a place in Big Bear.

It will be a hire rate that market average, but at least it will be principal and interest bearing.