If your retirement utterly depends on having adequate cash flow from your properties, any downturns will cripple you.

Utterly misguided / bingo / so-so? 

Bleach is so utterly destructive to cellular structures that there isn't a chance for bacteria or viruses to pass on any kind of resistance.

@Mitchell Benson @J Scott@Wayne Brooks   Mitchell  complete and utter PIPE DREAMunless this developer has 25% cash equity on the 2.5 mil PLUS your small equity in the land there is no way he can get this financed.. and as others have stated with this limited experience I highly doubt he can pull this off without a major infusion of capital to the tune of 500k plus... in addition to your lot.the LAST thing you want to do is JV or subordinate in this situation.. your interest is far to small.

I would not utter another word of that in your community/ HOA meetings.

Finally worked, after w-2s, taxes, months of bank statements from every account, credit report, letters of intent, months of paystubs, p&i statements for llc, repeated inquiries about my full time jobs bonus structure, utter confusion over vested stock options, multiple statements from brokerage accounts, more paystubs from specific periods (to understand bonus vs option exercise).

just to keep the door open for business mean that if you try to do a one-man shop, your interest rate pricing will be utter garbage OR you will be losing money on each deal you do.

Totally, utterly, insane.Appraisers are chosen by reverse auction, where the lowest bid wins.

I suppose that could also backfire on him as what I have read above is the biggest utterance of jacked up stupid nonsense that I have heard since the last time I heard somebody suggest to purchase multiple crappy second liens as a strategy that make sense.  

The "ain't broke don't fix it" motto was never uttered by great innovators.