I understand you can't exchange with yourself, but if the spirit of the law is to get us to build, why couldn't you put the profit into the actual construction even if you already own the land?  

Understand your "Why" - You're going to face challenges along the way as your grow/learn as a real estate investor and understanding "why" you're doing this is going to help you work through those challenges and keeping you working towards your goals. 2.

I am extending an invitation to be part of this research to understand how risky evictions are and how to avoid them.

Hi Andy,I can understand the pains of investing in areas where it seems nearly impossible to find cashflowing rentals or even profitable flips!

Life happens though and lenders understand that so not every case is a red flag. 

Dillman (Author)Also, I've tried searching for a SIOR reading list, and found these three titles:Confessions of a Commercial Real Estate BrokerThe CFO's Guide to Understanding Corporate Real Estate TransactionsGo For Broker: An Executive's Guide to Hiring a Broker for Today's Complex Real Estate DealsAre there any other books you would highly recommend? 

@John Aaron I'm guessing that you might be using the 2-T (NC standard contract), which includes default language that the contract cannot be assigned.

Understand your tax obligations and fees to stay ahead of the game.Choosing the Right SDIRA SherpaYour SDIRA journey requires a reliable guide.

Quote from @Chris Seveney: @Eric McginnI would only recommend it if you are ok with also having a strong chance you will have to foreclose at a later date on the borrower and go through that process .Thank you for this, it’s helping me understand how it would work.

But you just need to understand at 6 month time, getting ready to find another tenant or hope the tenant is not ready to move out and pay the 25% increase rent on month to month.