If there is no agreement on price, you can terminate the deal without risking losing your earnest money respectively.

As the title says, I'm hoping to get some feedback on possible factors I may be overlooking.

My goal is to develop this property without resorting to upfront cash investments.I've attempted to collaborate with several general contractors, hoping to find a partner interested in a joint development venture.

The two reasons why most inexperienced investors lose their shirt on deals is incorrect assumptions on improvement costs or exist values.

If there is money left at closing, that amount is typically credited to the borrower as well.I hope that helps!

I hope to see you there! 

It’s unfortunate because I know I will lose but as long as I can successfully exit out and get it off my hands I will be more than happy. 

@Jonathan BurkettYou asked for "any input", and I hope it includes an unvarnished kind.Drop this "building our team" thing.

If you are talking about a real estate investment business in hopes of getting some kind of "business credit lines", that likely will not happen no matter what you do.

Taylor,I hope you aren't still dealing with this issue!