Oh well....From the federal side and surely by any state, an attorney can originate a loan, following the requirements of an originator.The only issue I saw was with the trust being in title and saying you loaned to whomever.

Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions which can defer state and federal income taxes and increase cash flow.When a property is purchased, not only does it include a building structure, but it also includes all its interior and exterior components.

As is typical with government intervention into the public markets, the intentions of this policy achieve the opposite.

Any special language in the rental agreemnt that I need to include to govern use of common areas, tenant conflicts, etc?

With regards to the interest, where do the Applicable Federal Rates (AFR) come into play?

You need to contact the IRS to ask for a Federal Employer Identification Number or FEIN.  

It can also be a professional company that uses private money to do loans, and gets investors, as opposed to government secured loans.

It pays well and allows you to build connections in the real estate world (if you are working privately and not for the government). 

I am familiar with the "rudeness" but that unfortunately is not so uncommon when dealing with government employees who have to deal with the public on a daily basis and is something you just have to have thick skin for.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).