There's also huge development projects, many spearheaded by Dan Gilbert's Bedrock investment company. 

Perhaps they can provide weekly updates here on the status of the development.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that. 

If it were me, I would reach out to other franchisees in your area (perhaps your Development Agent might have some insight...see...I know the Subway lingo and I've done Subways in my banking days).

It can be discouraging for newcomers.Solution: Develop resilience and learn to view rejection as part of the process.

A lot of my out of state real estate clients really like this market because the macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.

Quote from @Jason Hatfield: @Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.

@Dave FosterAre development rights “real property”?

Not only will it possibly save you a little money, you'll develop skills and figure out the nuances of real estate investing that you can't learn from a computer.Out of curiosity, what type of properties are you looking to add to your portfolio?

.🏗️ Being part of a real estate team is one of the most valuable skills you can develop.