Rather than sitting around while that happens, we are beginning to put together a plan on how we are going to create and maintain our "empire" as Heathen put it.Heathen/MikeOH,I hadn't thought about the impact a well presented business plan could have on the bankers.

Just be cautious.Items a lender may ask for include the following: Your business plan with highlights about the market and need for your project, Proforma showing your land cost and construction costs with your projected income, ALTA/ACSM Title Survey, Title Committment, Phase One Environmental Site Assessment, Geotechnical Report and Construction Plans.

Second, by determining the impact of those events or combinations of events.

You will be alright...You can call it anything you want, but that won't impact a judge's determination of whether it's illegal or not.

Around here, that just impacts what the exterior of the home looks like....paint, siding, windows, etc

On the first property I did I didn't have HVAC and actually could see what impact to the value was on the write-up.  

Thanks.Account Closed, you're right I can't impact any of those assumptions, and I agree sitting out could mean missing out on growth.Thanks so much for the great advice folks.

How you respond to a situation is critical and will have a direct impact on how well you do in this business.

Were any impact fees applied?

These things will impact your ability to rent that house to a solid tenant.