This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

And the changes, such as regulation, city development, traffic flow, building views etc happen very quickly. 

A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

You can also check out a group on Facebook with other investor like your self called Yellowbird.

There's also huge development projects, many spearheaded by Dan Gilbert's Bedrock investment company. 

The buyers had invested a lot into the deal (~$100M) and purchasing the property was critical to complete their development.

It can be discouraging for newcomers.Solution: Develop resilience and learn to view rejection as part of the process.

They should also have proposed or preliminary site plans approved for the remainder of the development.

In Columbus, you can still find the 1% rule and there's amazing appreciation potential due to how much population growth, job growth, and companies moving/developing there (recently Anduril just announced another 4,000 jobs coming to Columbus Ohio on top of Intel, Google, Amazon, FB, Nationwide, Ohio State University, etc.).

You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.