We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepared for what's to come.While we believe we could greatly benefit from bringing on an Integrator, project manager, and construction manager as soon as possible, we are looking at cost/benefit for our first hire.

While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.

We had buyer clients whose coop applications have been rejected for absolutely no reason, so just be prepared and don't take it personally. 

The road is not in, the water main not installed, the sewer main and laterals not installed, etc.Just having the engineering done, and the plan approved, adds significant value to the land, and makes it attractive to a developer who now, doesn't have to go through all that work. while in todays day and age yo would need all those approvals to create a paper lot.. back in the olden days paper lots were created by simply drawing them on a map with zero engineering they did survey though.. and there was no thought given to reality of actually building them or providing services.. 

I thought they had mistaking gave me.my first test results, but wasn't the case.   2 failures signed up again to take.3.rd.te S soon as I was allowed. 

I want to protect myself and do things the right way so I wanted to see what you all thought. 

So if I owner finance them I’ll be able to sell for 3x what I got for it plus interest is my thought process.

Thought about using one of  them as I heard they are much more cheaper than others.

I’m mainly asking to learn the industry standard so that I am more prepared for my next deal.

Of course the common thought is that there is two closing so it most cost a fortune but the reality is it MUCH cheaper then the 3 month seasoning products and usually cheaper then the 6 month products in terms of upfront costs with usually a better long term rate.