In fact, it applies not only to contractors but to everyone who did some kind of work for you last year: property managers, wholesalers, mentors, attorneys, and even – yes!

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

Thank you for your kind response!

Or do you have to offer your investors some kind of discount?  

Learning from agents commonly working with investors is your next opportunity to find a mentor.To be honest, I wouldn't try to find a mentor from random investors on the internet.

Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly.

I know it's over your budget, but is this the kind of property that would interest you: https://www.realtor.com/realestateandhomes-detail/194-Joliet...?

Thanks for your kind words and thoughtful insights.

In many cases, the contractors who agree to that kind of thing are either inexperienced, desperate or scammers. 

Not much has been released about the land that this new park was traded for, but even if that information was out there, not being a developer myself I'm not sure how to quantify if the developer got a "fair" or a "good" deal yup very common.