When I got my property I had some support from my parents in financing, and we got some really good professional help, but with our current financial issues, that level of professional help is well beyond reach.

I got out of active duty military and proceeded to my dreams of working real estate and eventually investing into real estate when the time comes financially.

I've been reading the books, attending RE seminars, and learning how to financially analyze deals.

Mortgage created to individual owner of LLC as mortgagee.

Currently we are both in the same condition financially, meaning we have little to no capitol.

I would be inclined to go with this logic if it were part of a larger development or subdivision in the works, but this missing road is lined with various individually owned lots, so am I to assume unless all the lot owners get together and co-sponsor the construction of the road, that it will remain as is?

Another claimed that he had temporary credit issues but I found judgments that just fell off his credit report, demonstrating long-term financial issues rather than a temporary issue. 

I get that I would be buying out the shares for the individual who holds all the shares within the established LLC, and it seems there will be no closing costs.

Podcast.I am a Veteran of The Marine Corps and I am wanting to use my VA Loan to buy a multi-family home to live in and rent out as my first deal.My Goals:Make a posivite impact on the communities where I live and work.Become financially independent so that I can focus on my family and travelling.Complete my first deal before the end of 2016.Earn my Ohio Real Estate License.Own 10 units within five years.Create a Net Worth of $1.5 million within 10 years.

They may have mandates that essentially require stick-built houses, which would be more expensive, and may make the lots financially unfeasible.That could be another reason why the lots were never built on.Lastly, consider that if it's a package deal, some of the lots may be buildable and some may not be (or may be more difficult, less profitable).