Jay, I'm going to print out your quote and frame it on my wall. 

Along with connecting with governing body to confirm zoning and preliminary site plan. 

It's all government money backing the loans anyway. 

You'll have a contract with the government with a generic lease. 

The governments will prop it up for maybe as much as a decade but unless there is significant technological change it will be DOA.

Plenty of publications and journals to read on this, along with books and other print media.

For our clients, we separate repairs into catergories: 1) Health & Saftey - highest priority to avoid lawsuits2) Property Preservation - don't want a $500 water leak repair to become a $5k repair later3) Government Required - for city & S8 inspections4) Marketing Negative Impact - who wants to rent a "purple" house?

Read the small print.

Does anyone have any experience with receiving any grant funding, whether be it government or private sector?

for Zero Risk to capital, move cash to your brokerage and buy USFR, paying 5.4%, must pay federal tax but no state taxes, it holds short term US treasury floating rate notes, no FDIC needed as FED can print more money to pay you offfor Mild Risk to capital, buy BKN, BlackRock municipal bond fund with 20% leverage, pays 5.5% tax free, and if 10 year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 15%for Mild to Moderate Risk to capital, buy EDV, Vanguard 30year zero coupon US treasuries, pays about 4%, taxable and if 30year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 60%Don't put into stocks if you need the cash in <3 to 5 years due to stock volatility