Now to be fair at the time my Dads RE attorney represented me and never charged me he was like and uncle to me and taught me a lot about how to do Real estate. 

Although my spare time to complete such projects follows seasonal work highs and lows, it would be smart for any type deal I consider to involve adding value myself to the property.With at least 100k (possibly up to 140k) of equity in our home, I have done a fair amount of research in HELOCs and refi.

I'm paid fairly quickly, at the time the assignment occurs.- go through all the above motions, but this time I don't assign the lease and option to the tenant-buyer.

Agree a conversation is in the cards but if anything it would be more than fair to agree to keep the rent flat vs any type of reduction (at least that's my logic).

Yes, that is all correct, especially since we are in a very small town and the property location is fairly remote.

Ok to be like Fox News Fair and Balance this is a 90 home project I own and have been building out the last 3 years.. on top of the 300 homes i have built over the last 10 years.These are the type of firms that have big cataloges of ready plans . 

I think you need a little more education and a mindset shift.Real estate investing is a fairly simple process.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

If you have mastered RE principles, assessing the value of the collateral is fairly easy. 

It’s a good idea to review local real estate development compensation norms or even consult with a lawyer to ensure the deal is fair.In your uncle’s case, the terms seem fairly favorable to the engineer if he is only handling the development and not contributing any capital.