You are simply not informed to see how this chain works. 

Another interesting thing to look at is the rally in gold.

Plus you're just blasting people that have already gotten a ton of blasts before by now.Remember that adage about the ones making money during the gold rush were actually the shovel sellers?   

My advise is to start with single family or a small multi-family ground up project first but this market environment is truthfully not the time to be completing any ground up projects unless you are self performing the construction which it doesn't appear you are in a position to do.There was a recent Philadelphia  forum chain started by someone else who was contemplating ground up in a similar fashion to what you are proposing and I cautioned they would be better off buying something that was newly built and believe after conducting their own diligence realized it was too cost prohibitive at this time to build with 3rd party GC's in Philadelphia when also accounting for the interest rate environment and cost to build.

If you don’t have access to title company services, go to Norwalk recorder’s office and “chain” out the ownership and open mortgages.

Please send the whole chain to your mentor and you will have all of the answers you need.

This is important because GOOD hosts know that good and reliable cleaners and handyman can be hard to find, so they treat their cleaners and handyman lke GOLD, which includes referring business to them, paying them quickly and promptly, respecting their time, and taking care of them on the holidays.   

Gold?

Nope says the driver with a lock and chain in is hand.

No different than someone trying to daisy chain or work around a wholesale contract and investors here think that is immoral or unethical, but doing it to a agent is just fine.