Studios also do well in certain areas like Hilltop. 

.), and developing a list of specific needs, which are based on your needs to fulfill each of the prerequisites (mini goals).  

@Darius Kellar summed it up pretty good, but they are just incentive areas for development

Non-conventional money is best borrowed thru relationships.There are a ton of legitimate lenders out there and he safest way to develop a relationship is face-to-face.

Develop a strategy that is scalable and keep in mind that your interests and needs now may be different 10 years from now.

When you develop a relationship and get those guys you can count on their estimates.  

To all you land developers out there, are you able to finance soft costs (civil engineering and architecture)? 

I called up Geico and they mentioned that they don't cover my type of tenant(martial arts studio) I wonder if there is a certain cutoff. 

From the sound of it success isn't guaranteed but if a recording studio can be soundproof then there has to be a way to do it correctly. 

“That’s why the Downtown Austin Alliance is partnering with the Austin Board of Realtors and 30 other Austin nonprofits and business organizations to advocate at Austin City Hall for a new land development code that provides enough transit-supportive housing capacity.”