All its going to take is one or two very bad, very public deals and then there will be a lot of regulators looking at it very, very hard. 

Now the numbers that's displayed publicly are mostly "pro forma" and not real numbers and everyone's talking about potentials. 

It's a phenomenon that has been observed since 1800 when public land sales began in the United States. 

Or, perhaps if you were in public company their reporting requirements would be as such?  

It is a huge 1/1 with 2 private outdoor spaces near safe public transit/depaul university.

I'll message you some details as this is a public forum. 

It isn't lakefront but its close to public ramps/parks and Whitewater.

Public records on recent purchases in the area.

Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100. 

BiggerPockets blocks us from sending contact info in a public feed I think.