I was able to side step financial fees but the person funding the project was assessed a 26k debt because I and all subs were viewed as employees.

I realize that turnkey properties mean you can’t improve equity so a re-assessment would not add lending dollars, but is there a scenario where the numbers work? 

A few of those cautions include the investigation of existing encumbrances on the ground (zoning requirements, existing or proposed easements and assessments, encroachments, etc.), existing site conditions (high ground water, site topography, existing soil types and soil environmental concerns, etc.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

Orange and Broward counties in FL have so many bidders, they usually go well above the assessed value.

DU and LPA are automated underwriting systems (AUS) is used to assess mortgage applicants' eligibility.

That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex. 

@Wayne KingI have not used them, although I've heard of them a few years ago.However, if you are still on the fence after finding someone who used them - Buy a few leads—start with a small test amount—and assess their quality for yourself.

Property taxes in Columbus were re-assessed in January of 2024.

@Pavan Sandhu, I ship dozens of containers worth of products all around the world.

It can be quite intriguing and interesting to hear of many of these returns and great on paper assessments, but the reality is, they rarley pan out in real life.