@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

Finally, someone answered the question. 

(DBA Carolina Choice Mortgage)Allied Servicing CompanyAHP ServicingAugust REIMoat Note ServicingPrime Loan Servicing

Buyers don't always like it but now that it's a hard requirement for everyone, they have no choice. 

Not sure what the final $$ will be, but certainly not $35K.Thanks again to everyone for their thoughts on this!

So they really had no choice IMHO....Welcome to the landlord world I guess.....makes ya wonder why we do this sometimes, huh?

Does anyone know, or have a good idea, about the difference in returns on entitling & developing the land for each scenario, with final objective to sell to a builder to build and sell the structures him/herself.  

We liquidated all of the houses, and I started over after the divorce was finalized. 

It can be a daunting task when you are trying to run a business and I finally honored that I am spent!  

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.