Landlords are going to leave the business because it's not profitable for them to stay in it.

My preference is garden style.What sort of business plan are you looking at? 

You should know markets and understand rentals business well.

These are all bad ideas. 

Apparently, the builders are so busy, one year is very lucky, but two years is more likely and there is no incentive for builders at the moment.

Generally a higher cap rate indicates a lower credit tenant which indicates a higher risk to the property owner. a 10 cap is a great deal until the tenant goes out of business and leaves you with a Negative 10 cap as you are on the hook for all of the expenses associated with ownership.You should consider creditworthiness of the tenant first and foremost. 

I’m a Senior in highschool planning to go to college for Business management - real estate minor.

Settlement occurs before close of business same day.

In the end he made less than he wanted , but more than if the deal didnt go thru . ( He didnt like me much , but I am not in the business to make friends , I am in the business to make money ) .

I am already over-leveraged into the project with LOC's and such, therefore I am looking for ideas for other sources of cash to supplement my current rehab loan to be able to get me across the finish line.