This project spans over 49+/- acres and features 50ft, 60ft, & 70ft lots, adjacent to a large lake that will serve as a stunning community amenity.

Discouraging investors from taking a dilapidated home in poor condition, serving a market need, and dare they make a honest profit from doing so. 

At first glance it appears they only serve Wy/ Co/ Mt but will give them a shout! 

For example, should I have one checking account that manages all expenses, such as down payments for properties and serving as the main source for rehab budgets?

I would flip the script and argue under those circumstances the client is serving as the bank for the contractor and not the way you presented it.

I currently serve as a property manager in Nashville.

So, they didn't realize they essentially purchased land that is completely worthless beyond just serving as a green space. 

I wanted to open and operate my own to serve the need in my community to help bridge those gaps between families.

Currently, I own a single-family home that serves as my primary residence.

I'm not sure they would serve a purpose for me then, but for working class people who do more often have financial stresses it is an incentive for sure and also it compensates you for the lateness.