Is it a some kind of recreation area or a condo?

Common areas include swimming pools, tennis courts, and other recreational facilities, as well as common corridors of buildings, parking areas, means of ingress and egress, etc.common lawAn unwritten body of law based on general custom in England and used to an extent in some states.community propertyIn some states, especially the southwest, property acquired by a married couple during their marriage is considered to be owned jointly, except under special circumstances.

@Tim Swierczek the finished product can look like whatever you want it to, that is the beauty of new construction :)My thoughts are to keep things simple and instead of trying to re-create the wheel go off of what other people already have.  

I had a nice new truck, a vintage collector car, a motorcycle, and numerous other recreational toys.

POL came on the scene and they were doing HML at very high rates and points in NJ .. so my back ground other than recreational private aviation that I pay through the nose for.. :)  is HML  and I am thinking wow .. this is going to some heartache and sure enough some of the folks that posted have done like 10 loans and 7 are in default.. the foreclosure time in NJ and NY two states I personally would never be a lender in is 2 to 3 years.. and by the time you get the asset back its ouch time.. and that has played out for some folks and there is a high profile one in Atlanta that has been going on for years.. suppose to sell at 6.5 million and its listed under 3 now.. although I think they may get their principal back or most of it but its been 2 or 3 years.. and you know how investors get stressed.. and then the other issue I saw coming with crowd funding .. and remember my background is I have owned 2  Hml companies over the years one of them in Oakland CA with 250 clients and about 50 million under management.. these guys went about raising money from 5 to 10k investors and would literally have 20 or 30 investors in one loan..

I have done that already, and in short I came to following high level findings.Positive impact on appreciation: -area was historically undesirable due to association with “East Austin” demographic stereotype, but that his changed rapidly in last 10 years due to proximity to downtown, universities, corporations moving in, redevelopment of parks/recreations etc.

Edmonton Alberta CanadaI am very new to real estate and am currently renting a property through a property management  company .After doing some market research I have discovered the neighborhood I reside is rising in value quite rapidly (riverside location beautiful parks and recreational area's )Now my question to everyone (pardon my ignorance)If I wanted to approach the house owner regarding a Lease option would I try to get his information from the property management company or would I contact the property management company about wanting to lease option.I feel as though it would conflict against the property management company seeing as how they make money from me renting .Any advice would be appreciated immensely !

Speaking in terms of raising a family, recreation and relatively low cost of living makes it the hottest market in the nation.

I plan to turn the most of the frontage, into an open air recreational/commercial/farm equipment storage lot.

It shut down but it looks like the idea has been recreated on reddit.