Surplus golf course in path of development.

Any surplus would be subject to claim by junior encumbrances and then to the owner of record 

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

The default mode of operation for mini-splits is to run the fan continuously 24/7, which causes high humidity because all of the condensation is being blown back into the building.You can get top tier mitsubishi units for cheap at surplus city liquidators.

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

I can grow enough food to feed myself, and sell surplus to other people.

Or "Only invest surplus capital that you won't need anytime in the future" Investing in real estate should make your life easier and not make you live in fear because you have overstretched yourself.You should NEVER jump "all in" with your life savings.What if you don't like turnkey because you aren't in control?

First mortgage paid off as well as all other parties (attorneys and surplus, etc).

Based on the rental estimates, we would net about $700 a month in surplus income since our mortgage is pretty inexpensive.I'm looking to get any and all opinions as I want to make the correct choice for us and also want to make sure I don't screw anything up if we do decide to choose option 2.