If a tenant, as a note holder you can do cash for keys, they also have rights under federal law to stay, doing a deed in lieu doesn't circumvent tenant's rights.You're getting into a mess, an attorney seems to be in order on this matter.

My advice: get in that window, because otherwise the government goes ahead and does the only thing it's good at.

Hello everyone-Well lets see yes HUD has $1 dollar program (and TC you are exactly right) but they are limited to government agentcies and non-profit orginizations.

I make the 4th the last day to pay rent because some government checks don't come til the 3rd.

Did you not know that the federal debt is an imaginary thing...lol.

Thanks for the perspective.As for developing: 1) Make sure your money is solid (you don't want to run out midstream or if a delay occurs...and something always delays you)2) Get to know your local governing body (County Commissioners, Building Dept., etc)3) Don't overpay for the land.

I am a foreign national living in Panama where we have the 20 year property tax exemption and among other incentives geared for foreign investment.Panama has and will continue to attract investment dollars due to the forward thinking government here.

Are there any government programs that I might be able to use to finance the project?

A followup thought...All of the topics discussed on these forums are regulated by one government body or another.

Anybody out there got access to a list of Portfolio Lenders thatstill haven't been driven insane by the likes of the Federal Reserve, Fannie Mae and Freddie Mac?