I think that could be dangerous if people are not careful in their evaluation. 

I highly recommend hiring an attorney, at least for your first time.Some attorneys specialize in evictions.

Any insights/people with experience in this market who can chime in?

I probably also need to find a realtor who specializes in multifamily who can help me find a plot of land that can be used for this purpose. 

Hello - Can someone recommend a good real estate attorney, specifically one that specializes or has experience in evictions in the Cook County IL area, it would be much appreciated.

There should be some financial advisors or real estate attorneys on here around your area who specializes in hospitality ventures and might provide valuable insights tailored to your situation.

Yes, there are lenders that will do 80-90% of land and 100% of construction, but it's usually through specialized construction loan programs or private lenders.

@Tim Rogers Do you have a CPA that specializes in real estate taxation?

Special thanks to Grayson Glaze, CRE, CCIM, CPM, JD for inviting me to speak about my collaboration with Alabama Center for Real Estate to make my educational materials available to UA’s 800+ real estate students; to Jack Kobus, president of the Student Real Estate Investment Fund for hosting this event; and to the many students who attended.

@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.