Not really a good comparison though, because we didn't buy with the intention to have it be an investment.My husband is leary of buying a property so far from us as our first investment.  

My plan is to get into SOMETHING with the intent of getting a track record for brokers / lenders and then get out and into stuff that makes better sense on paper.

From the Grand Forks Community Land Trust website we see that a CLT is defined as "community-based 501c3 nonprofits whose intent is to provide perpetually affordable housing options.

As for sub-2, be careful that lender does not apply future payment to principal reduction, if that's not your intention.

Let them know your intentions and if they pull the , "You look young, how long have you been in business?"

It is my intent to build 20 to 30 town homes.

Please don't assume I'm implying your intention is misplaced.  

The one observation that concerns me if you are planning on renting is the number of people who say that if your intent prior to getting the loan is to use FHA financing to buy a place, move out, and rent it; you are then committing mortgage fraud.

Questions would include:I have an Architectural practice that is incorporated. what are the pros and cons of that entity investing in real estate.Survivor shipProtections against one of teh partners suffering a hardship.My intent is not to find the answers but to find the advisor.

Which was pretty much my intention if I had secured the place Any ideas on WHERE to find these type of deals ?