My gut tells it's contraction instead of expansion but is that balanced but not carrying any debt service?  

I'm currently partnering in the expansion of a lifestyle brand from one location in the Downtown LA Arts District into further iterations and spinoff concepts throughout Greater LA.

A robust farmer's market, a new artists district, several new niche employers building down on Exchange St, a micro micro brewery, a proposed $400M expansion of the Historic District to the south of 25th St, and a huge mixed-use development in the works in East Central where the old Rite Aid was.Sounds great, but it's still planet Ogden. 

The university has just announced some expansion.

But my question is will the min lot size requirement of 5000 sq ft ruin my chances at any expansion? 

The expansion of the infrastructure system is allowing people to commute much easier to get to those corridors.

But their expansion and business model definitely takes the tech startup model. 

House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact that the great expansion of credit happened with people who had good to excellent credit.What do you think about this argument?  

All units will need updated kitchen (plus appliances), bathroom (plus new tub, vanity, toilet), expansion of kitchen in one unit, whole new kitchen area for another unit, new floors, paint in all units, plus new HVAC, plumbing, roof...

If they are buying land or spending a lot on expansion, an overall loss while doing that isn't surprising.