Thanks.. except I misspelled statutes....

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.

Quote from @Collin Hays: This is zoned commercial, so I could do pretty much anything I wanted with it except a casino.ouIsn't the Texas legislature considering casino gaming this session? 

I went through someone else last year which has all of my previous rental property information on it and nothing has changed except now I have a child.

I’ve obtained all the necessary clearances except for the septic system.

Quote from @Erica Dike: Quote from @John Underwood: Quote from @Michael Baum: I am not sure I agree 100% with this @Erica Dike.There are a lot of overlap in all those demographics and if I can create a space for multiple demos, then that is what I will do.Our place fits will for most of these with the exception of luxury folks.

In this case, correct, 1031 exchange is not available. 1031 exchange is property for property, and an interest in a partnership normally is not (with a few rare exceptions, so you may want someone knowledgeable to give you a second opinion for your particular situation, which requires reading your inheritance documents.)Whether or not you have any mitigation strategies totally depends on your specific situation and requires a one-on-one. 

On these we are targeting g loans even we wouldn’t normally consider; EXCEPT for the fact that we are receiving so much collateral that we end up at 35% LTV or less.  

We are Canadian in invest in the US.We work in the Detroit market where we have a great team on the ground and are finding exceptional deals.

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.