So the real question is this - Do you have a signed Change Order with this Contr that specifies the work to be done and the payment schedule?

@Kim Meredith Hampton makes excellent points, but she shouldn't have to.YOU should already be thinking these things through, so you invest wisely and don't get taken advantage of.BTW - yes, BP is where you can post questions for answers, but ask BETTER questions!

This will be done through consistent cold calling and accessing information at hand Is there a question? 

I will list his known assets at the bottom.Here are my two questions: If the documents I sign show him as personally guaranteeing the loan (specific language below).

I'm not sure I understand your question.

No question, rental real estate is the best investment provided you assess the risks and make it work for you.

If you have any questions about properties in the Daytona area, I'm more than happy to help.

Tough question to answer without some more clarity. 

Current market value is between $9k-$10k per acre, so $540,000 to $600,000.My big question is I don't fully understand if/how I can use that equity effectively to help out with other BRRRR properties. 

QUESTION: Is it worth posting for rent right now?