Ironically they (banks and or lawyers) invented the fine print, so why did they not understand it?

Both were now interested in my offers, just need to iron out the final details.

LLP sounds like a solid way to do it and, ironically, one of the folks I would consider partnering with is my attorney.Does it seem reasonable to say that I could fund the purchase of the land, which would be about 100k and the partner funds the down payment for the construction, which would be in the same ballpark?

Iron sharpens iron, and you'll be that much closer to building your personal real estate empire.I'm excited for you!

Ironically the name of the lender was Lemons and Associates. 

There are more risks involved (ironically!)

Cast Iron pipes are common in older homes and they can/do fail without warning because they corrode from the inside out.

The $1000 deal is on his limitless website, links are in his youtube descriptions.I've been watching some of his video's too and it does seem interesting and makes a lot of sense.For me, there are still some gaps on how to deal with certain things, but that's mainly because I'm still a rookie.The $1000 doesn't seem too much if you factor in that you need to hire an attorney and have him create an iron-clad lease agreement that references the option agreement.

For example,  I had a bathroom redone, I also had our front iron railing fixed (new feet welded in, cleaned and painted) and resurfaced the cement steps, and some landscaping.  

The ironic thing is that I also cannot get financing.