The original developers who bought the land and started the whole thing got a big fat goose egg and a lot of grief dealing with initial land buying stages and development.The LLC, umbrella insurance, etc. are just tools.

I also like that big fat check I get when I sell the house...

Not enough fat to be worth your time more than likely.3)Financing-- You stat you are 90% sure you can get bank financing without a functional septic and 100K of repairs? 

I don't care if it is real estate agents, contractors, lenders, pizza makers, service workers, black people, white people, men, women, young, old, blondes, brunettes, fat, skinny, etc.

I am not excited about the fat 39.6% tax bill I am creating for myself (good news bad news about having a good day job). 

I think the reason is that your refi bank prefers not giving you a big, fat check, which makes them very nervous.

When i quit I was making a fat paycheck running a 5 state sales territory for a large specialty manufacturing company. 

got it same thing goes though you don't hand over the keys to the castle until you have your dough.. you are learning this one now.and you are also learning that signing docs does not mean anything if the money does not follow.good luck with it.. and you will get over it... good luckAnd yes with commercial you want to think the buyers are more professional for sure.but its not over till the fat lady sings and you have wired funds into escrow.

For example if you were very overweight, you may crack some fat jokes about yourself.

This is crazy to me considering if you bought almost any resale property in 2011 you would be cashing in fat checks right now or even if you sold a few years ago in 2014.