@Rick Harmon, you are absolutely correct, though I didn't get the sense that that's what was happening on this particular thread.

At least that's what the prosecuting federal lawyer will argue  :)  @Rick Harmon

@Rick Harmon.

Originally posted by @Bob Estler:@Rick Harmon I have a question, if someone buys a property with seller financing, say with a land contract or contract for deed, then, correct me if I am wrong, but the title would stay in the sellers name until fully paid.In this situation do the property taxes stay the same as with the former owner or do they get reset at the newer / higher sale price?

@Rick Harmon  , thanks!

.: @Rick Harmon Is this a 13100 affidavit situation?

@Rick Harmon is correct.The trust does not work when real problems come up.

@Rick Harmon  agree with property tax exclusion.

Thanks for the responses Wayne Brooks, Rick Harmon, K.

Note I only listed the biggest challenges and not other common development tasks most people consider relevant and significant, like site selection, profitability, 'bankability', marketing and sales... and additional tasks like importing, following the Harmonized Tariff Schedule, clearing customs, etc.