He can try to work out a modification of the loan in some way, and there are literally dozens of different types of modification that may be appropriate for any given situation and may prove beneficial for both parties.  

If I understand correctly you'd be purchasing the land, and improving it and splitting it into the appropriate "buildable lots". 

It's successful in high-cost markets like Southern California but faces challenges like high entry costs and local regulations.

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

DFW AirBnB is getting expensive to operate and find good deals due to all the HOA regulations that are being implemented..If the property won't cash flow in LTR, then your option is limited to listing it, but I don't exactly know without looking at the numbers, as you can figure out some month to month strategy to lease the unit for a while.One thing that I always tell my clients is that when you are doing AirBnB or any STR/MTR, you are entering into the hospitality industry.

@Zach Edelman Lexington has a decent amount of STR regulations now with more on the way.

Moreover, I believe that those of us affected by this organization's actions deserve appropriate relief.Sincerely,MMThus far, I have made every attempt to resolve this situation as amicably as possible, but they have not and are being absolutely unreasonable, uncompromising, and ridiculous.

., lavender, hemp, etc.) can generate income.Hunting Leases: If the land has good wildlife, you could lease it to hunters during the appropriate seasons.

He's already lost $80,000 in potential income and they could easily tie him up for double that in a heavily regulated market like California.Successful landlords charge market rent or close to it.

We have had very good luck with Section 8 renters as long as you do the appropriate background checks like normal.