He told me the developer never funded anything to start the hoa like he was supposed to so they were playing catch up.Yet another reason why I'm hoping my offer of 2k or 3k will be enticing enough to just let them stay out til the end of this lease.

@Ali Hashemi You have 45 days from the closing on the property you are selling to identify the property you plan to purchase and 180 days to close the purchase. 

I have concerns that I will be tying my hands a bit if I eventually want to sell / develop the two lots together or if I want to hold for a bit and draw lines of credit against the lots.Thanks,Juan Monge

He identified 3 properties within the 45 days and now the deadline is past.

An intimate knowledge of the market will help you identify deals.

I'm trying to add up the costs of development.  

On the development side, the current price per square foot isn't worth it, those I know currently in development had contracts with their contractors before the rates began to climb higher and higher.

List those properties after the rehabber/developer completes the job.That's what I plan on doing because I love working with investors and I also want to learn how to rehab myself.

@Jay Helms, right now, i'm thinking  about house hacking, BRRRR, and land development. 

I am a commercial real estate developer in Nashville, I moved here several years ago from California, and lived in LA for almost a decade.