On the way home I listened to podcast 139 and heard Fat Tony say something that's been on my mind for a few days; "I'm a business man, not a handyman."

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...

What kind of bites me about this is that he gave a friend $50k to invest in his company and it went belly up in 8 months and my dad just says whoops but I have taken a little time on this house trying to increase the value way more than he wanted to and he calls me today and tells me to shove the house up my ***.

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.

Just sounds like the branch president is doing a CYA.They want to show they didn't let you run wild so if something imploded later they wouldn't be seen as grossly negligent.Employees and board of directors at banks worry about their jobs and facing criminal charges if a bank goes belly up down the road.The bank is demonstrating prudence.  

There are two "bellies" in the sewer lateral, and both are under the neighbor's lot.

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.