Thanks for the information Travis, Yea it seems like the high taxes and insurance premiums are going to make this less desirable. i appreciate your input. 

If so please PM me or reply to this post and I would be happy to have a conversation.

@Jacob Sampson, have you had any luck moving forward with this? 

Despite this, there’s still a ton of appetite for participation.

That being said, you need to carefully Review Your Documents, Start by reviewing the promissory note and any other documents related to the loan.

I thought about buying a non developed lot in cash, subdividing it, clean it (take out trees and bushes), get permits, and start building 1 property sell it and then build the second one...The problem is that I am afraid of going this route because of messing with sewer, water, electricity...

First there is no pictures of people or who this company is.

This is a great place to learn and further investigate investing in real estate.

I think the only state that has this carve out.So this is a very sophisticated scam..

So I had read if you transfer into the LLC of like ownership it would not uncap?