Our question is, has anyone had issues like this?  

Howerver, I have resrvations about how this will impact the community's living standards as the development will immediately border some neighborhoods and could bring unwanted environmental impacts and noise. 

Are there general rules that apply about this, or is this a lawyer question?

The way to read "5/25, 10 years maturity" is that the rate is fixed for 5 years, the payment is calculated on a 25 year amortization, and there's a balloon payment due at the 10 year mark. 

I'm keeping a list of all the real estate books I need to read in the future and I want to be able to own some commercial real estate properties (large or small) someday too.

It was a great first project, I had some old friends reach out that were losing their house and I helped them get out from under the PML, bought the house and helped them repair their credit, got a contractor I knew that lived around the corner help me do a full gut rehab and put in about 1,500 hrs of my own labor into it.

Would also love to help with questions/advice on financing!

I have a what's app group with him alon gwith others for the property and it shows he has read my messages. 

Im currious the kind of loan option available for this kind of property.

This one's new to me.Thank you for your help