Your developments look intricate. 

However, the city and developers have been working over the course of four years on plans to move the fleet services building to another location.

I suggest vetting them out two different ways: 1. pretend to be a prospective tenant and see how they treat you, how the website works for renters, etc, 2.

I'm certain that the reputation I developed by honest dealings and timely payments with the bank(my primary lender) led to the consummation of that 10 unit deal(which I subsequently refinanced with the same bank about 2 years ago.)Good luck!

have you asked the developer why the project did not get Fannie approved?

I have invested before but I am a Turn-Key Developer.

Check it out.Thread title:How do you screen prospective tenants?

IMHO, you need to develop clearly-defined objectives inorder to formulate a strategy to achieve your objectives.

A prospective Lease-to Purchase was lined up to occupy the home and cover the mortgage payments in many variations of this scheme a portion of the kick back money was supposed to "protect the Investor" some of the bolder operators actually marketed this a a second chance opportunity for the cash rich and credit poor (People with income that was "difficult" to document) The rapidly appreciating markets allowed for substantial "equity spreads" the source of the "kick back money." i.e the FMV is 100K the seller has 45K into the property and would be happy with netting 18K profit, the change goes to paying all the closing costs and a gratuity to the buyer.

How do you develop contacts with these funds?