You set your own payment terms with YOUR client and then find funding for them.The Capital Syndicate is a private lender firm that offers financing through their own company, but they also provide you with a list of about 150 other private lenders. 

The home doesn’t burn but the surrounding neighborhoods and town does, severely decreasing the value of our home3.

So, to get 10+% cap rates, are you open to buying gut-rehab, Section 8 properties in C/D neighborhoods in the Midwest?

The home is a 3/2 in a great neighborhood next to the community pool, park, and playground and located just south of beltway and and I45.We are new to the midterm strategy and trying to figure out what the demand is and the pricing. 

Work with your attorney for what is needed to insure all subcontractors get paid by the General Contractor.Make sure the insurance covers Construction period and also materials.Talk with your Commerical insurance agent and they should address the above questions with you.If this is an older facility make sure your engineering firm has covered Fire Suppression systems and any Storm pond or drainage systems. 

With  one property, a hotel that doubled as a homeless shelter one neighborhood over shut down and has caused problems for the surrounding areas.

Portage Park is definitely a prime-time Chicago neighborhood @Delroy Watson! 

I also know of several law firms who have not been paid in over a year then will not work for them any longer.  

Are there any creative things that could be done to get to my goals or from your standpoint,  or is it pretty well a firm "not gonna fly" type scenario? 

What’s the neighborhood like?