Sounds like a ring road with no entry.If you resolved this or if anyone knows how I can improve on this please let me know. 

I have a odd question,  70+ unit property 6mill left on note 5.50 30yr amortized   assuable 3 yr i/o remain BP calculator, Cash flow is positive cap x 1.5mill in Improvemennts in the last year with 20 units for value add improvements where do I go to get approved or a deal or a foot in the door? 

How strong is his stomach?

BP should consider improving this policy to encourage more inclusive participation.

Your gain is sales price less sales expenses less adjusted basis.Your adjusted basis is purchase price plus improvements less depreciation.Also factor in any passive loss carryforwards when calculating your gain.Your CPA should be able to discuss with you what tax implications would be upon sale.

My take from it is that the city is investing there by improving roads and utility lines. 

These updates modernized the property, improved its curb appeal, and significantly increased its market value.

I'm curious if you are "purchasing" the lot, and the improvement is in your name, basically you are the owner? 

I can't find anything in my price range (or that I'm willing to pay), and even if I could the mortgage amounts are more than I can stomach even with a very large down payment.

You cannot exchange into improvements on property you own.