Sounds like you have thought out a lot of this, but maybe also hold a competition with a cash prize at your closest architectural and design school.Can you build it cheaper than someone like this?  

I do think it is a good idea to take some money off the table when an asset runs up and diversify.  

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000

Cash invested: $1,500

A month ago my banker (who's is also also an agent) from my home town where I have ...

I doubled my money!  

The premise of the time value of money struck me: "Money in hand today has earning potential, and we can turn money today into more money tomorrow by investing it."

I haven’t loaned any money out and not sure if I will, but definitely believe it is a great way to make money.  

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).

What you have is money.

Alternatively, I could explore hard money lenders.

I have a couple JV deals that are complete trash and also they are now asking me for money.