It may be a frustrating few years until the area grows around you, but can pay off in the long run.

My guess would be that as this GP is doing 1031 as a TIC into the deal he would be a little less likely to want a sale, which is a taxable capital event, and would like to keep his money invested and sheltered from taxation as long as possible which tends to fit with my investing style of long term/preferably forever investing.        

If you contact them, ask how long will it take to form my entity.Check them out.

Why do you think purchase contracts are so long and have such small print?

The project took too long, partly due to the power company taking 3 months to move service and poor communication with the county for permits.

Hawaii all day long. 

Include how long you have been doing whatever you are doing, how many deals you’ve done, etc. 

The loan also contained a substitution of guarantee clause, as long as the substitute guarantor had a met a minimum credit score, which the builder/investor did.

Properties that were converted a long time ago, or likely converted without permits, and not to today's building regulations.Not knowing how the property was separated by its units means that you don't know where the electrical, plumbing, or other mechanicals run.

I have 9 doors in Denver/WI and have done short term, medium term, long term, rent by the room and I’m currently house hacking while renting out my basement and cut my mortgage in half.