With 30 YFRM and 2-3%, 50% goes to the principal.Because of this, 7/1 and 10/1 ARM is worthed to pursue because the rate of equity appreciation goes almost in parallel with home price appreciation.

I know whenever I've had to be let into my place (forgetful and locked myself out), I've had to show proof that I lived there after getting in, but that was through the Army, so maybe civilians are more slack? 

I have an opportunity to buy a vacant lot in Indian Lakes Estate in Polk county, FL.

Please explain: (Vero Beach, Indian River County, FL) $340k purchase price, 3 single family and 1 efficiency (not permitted) on 2 acres.

Not unlimited supply;  We are bordered by an Indian Reservation to the north west, Nellis Air Force Base and Apex commercial zone to the north and north east, Red Rocks National Park on the west, Boulder City to the south east has a moratorium on new construction.  

But if an Indian saw the long lines of cars at food banks in the US they would shake their heads.

I would also like to mention that my father is a CPA with his own accounting firm so if any of you would like to pick his brain I can introduce you.A little bit more about me, I am an Army veteran with three tours to Afghanistan under my belt.

I'm an Army Veteran of 9x years, a RE investor, and a lender!

If you do have flood plains, and want to develop it, or modify the area in anyway you could be dealing with the army corps of engineers.You will need a competent civil engineer that's local to the area that has a successful track record of getting projects through the planning process in a reasonable amount of time without much push back/corrections.2.

From there you can check county requirements for new developments and since this is dumping into your local creek possibly state fish and game and lastly the army core of engineers.