In one breath the OP is saying he is trying to make some type of enterprise out of this.  

We are not doing anything as I tend to fund more of start up type enterprises than mature companies like them.  

Both myslelf and my partners, Ben & Kevin feel that this will provide us a good foundation to start subsequent funds based on a solid track record and the efficiencies we developed while operating Fund I. 

I was told that usually Private Money is not available for land acquisition for subsequent development.

Subsequently, brokerage houses will need to focus on creating environments for agents that encourage self-promotion, self-branding, and independent client acquisition.

Well over a year later and tens of thousands in attorney's fees, we came to an agreement (outside of court) to sell the home site for a reduced price and so we closed.Several months again, while I was in the rehab process, the attorney for the owners of the "ranch site" contacted me and asked if i was interested in the parcels. i said yes and after some serious negotiations, we came to terms and i closed on the "ranch site" Barnard Enterprises now owns the entire parcel and I have successfully put the property back together as it was originally.

In that case, it was good to see subsequent housing start numbers decline gradually to reduce the excess supply.If you were investing for appreciation, buying sometime after housing starts declined, but before housing starts began increasing is probably a good time to buy. 

And on all subsequent bids.I believe I get pretty good prices on my rehab work, and yet 90% of the time I don't try to (or have to) negotiate a single penny off a bid.

It either starts as a business purpose loan or a consumer purpose loan and you can't convert a loan from one type to another by your subsequent actions.The first question any astute private lender will ask a potential borrower is, "What's the use of the money?"

Fast forward July, 2014 and this some enterprising investor has scooped up that fixer upper.