Ok back to the script, no matter how much hard work you do on the front end that buyer has to be mentally prepared to weather any downturn.

.• Both sales either meet the Eligibility Test or qualify forpartial tax benefits, as described earlier.Also, if your sale of vacant land meets all these requirements, you must treat that sale and the sale of your homeas a single transaction for tax purposes

You need to prepare for these operational cost increases that are out of your control.

How much should we allocate to demo such a structure and prepare it for development so that it's attractive to developers?

I am preparing a strategic plan to leave the corporate world in 24 months or less. 

Being flexible on day 1 tells the tenant that you are up for being flexible and many will continue to test that flexibility in many other ways...bad idea.

He is thrilled and takes his "job" of lightbulb testing very seriously.

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

Soaking up as much information as possible from the Bigger Pockets podcast, preparing myself for taking action, and looking for conections and building relationships.

Be sure to have good exit strategy for if/when that happens.A wise mentor told me once that until you've "Battle tested" a strategy for at least 5 years thru one full economic cycle, consider it still all good luck.