The project has been going well.A couple months after closing on the 15 unit, the broker brought us a pocket listing that he had just come across.

I'm a local realtor in the area/investor and I have a massive vendor directory list that I can share.

I know achieving massive amounts of wealth takes a lot time and a lot of HARD WORK, all of which I’m looking forward to!

Or is it as simple as taking funds, putting in a separate account and using it on certain projects and paying back at the end of the term agreed upon?

they were in business 20 some years took in 100 of millions in due diligence fee's at 5 to 10k a piece.. there targets were newbie developers who had bigger complicated projects that no one would fund when you have little to no experience. 

The bank is going to loan based off the projected income so the higher the rent, the better the appraisal!

I foresee our markets continuing to move forward, at a gradual and safe pace, but I doubt we will ever see the massive spike that the coasts have, for better or worse. 

Since you asked...Our focus for this winter/spring is a mixed use project...we bought a hotel built in 1870 through a purchase money mortgage...we're adding 3 high-end guest suites for a BnB, building in a 2BR apartment for stable cash flow, and opening a gallery for the local artist community...we have plans for a tap room or wine bar in the future at the same site as well...

Yes, I keep track of prices at the big box stores and set a conservative budget on each project.

Although I could have financed the entire project myself and just hired him.