The professionals needed for development include lawyers, engineers including civil, geotechnical, environmental, and traffic, architects, title companies and surveyor.I may be telling you what you already know and I could go on and on but it would be easier to discuss one or two areas rather than explain all of them.

Kevin, some other alternatives for alternative passive investing income are litigation finance and life settlements.

Check to see if you have to install any manholes, fire hydrants, curb, gutter, sidewalks, street signs, street lighting any specific street design or access requirements, Check DOT requirements for access, stop lights and permits, traffic studies, DWQ requirements for permits, permit fees and time frames.Once you have an idea of what you can build and what is required in terms of permitting and infrastructure you want to talk to some civil engineers, architects and commercial general contractors that do the type of projects and build the type of buildings you want to build so you can get an idea of costs, time frame and requirements.

Our civil/architectural firm did a preliminary assessment of the project and it looks like we can get lots of the following sizes built out:Based on 130’ lot, the following lot frontages could yield:80’ lots – (2.5 u/a) = 51 lots70’ lots – (3.0 u/a) = 61 lots60’ lots – (3.4 u/a) = 70 lotsMy next step is to figure out what lot size makes the most sense for our intended exit pricing and product type and to match them to comps in recent years, which are hard to find in this area of town. 

Yup watch american greeds episode on Remington financial and google ingrid Robinson to see how these scammers operate.. its always tomorrow and its always some other excuse.. they suck you in with rates below market and well we all want to hope its true but its not its a scam.. and generally you will see on the American Greed episode the dollar amounts per individual borrower is small under 10k so no authorities really are going to look into it.. it too small to litigate over so the money is gone the deal cancels for non performance and the Investor/ borrower many times losses their EM and their due diligence money spent.

Was there negligence here and is some sort of litigation something I should be considering?

I had many occasions where a LOI or MIA was relied on only to have the prior mtgor file foreclosure and I had to explain to the insured why their property was going to be tied up in litigation for a while.

In normal circumstances I would try to discuss it a little more and work with someone on this, but the wrongs of the previous investor have suddenly become my fault and I cannot have a civilized discussion with her.

Perhaps a family law attorney opens back up the divorce case and pursues the ex to judgment, perhaps a real estate litigator gets involved on a contingency basis or even deferred hourly if he/she can pursue treble damages for fraud, etc.… who knows.

We have been litigating his claim for the past 6 years.Regards,