I just had contact yesterday with his bank, their fraud and wire department along with some other contacts. 

Investment Info:Other buy & hold investment in Pacific Grove.Completed a 1031 exchange into a retail/office building, then converted the second floor into a short-term rental (STR) and mid-term residential unit.

When we bid a job we use retail pricing to the customer . 

At this point in time while I appreciate your recommendation to build,  I have no interest in continuing to be invested in Cape Coral and was simply inquiring about local retail market conditions. 

I've made it a habit to track Department of City Planning updates and zoning proposals because they often signal where the next hot areas will be.

Understand what retails properties sell, average prices per sq/ft, types of properties investors are looking for, what rents are, what areas sell the best for investors, what to look for to get accurate rehab estimates, more properties you visit and see in-person the better, and most importantly, dont be lazy! 

Even with the new retal income lenders are denying the heloc due to the tax balance despite providing copies of the agreement and letter from the department of revenue which says I am current on the agreement.

As interest rates have gone up, it is much harder to buy "retail" and get cash flow.

What you are proposing is theoretically possible but depends on (1) how good of a deal it is (2) how much assignment fee spread there is, and (3) if the buyer the realtor is bringing is paying retail or also looking for a wholesale price.

If you somehow were told by someone that the building was still crazy here, you need to call the county building department and let them correct you.