My son works with us in our development business.

As much as I hate backing out of deal and hurting my reputation as a buyer, with this much extent of damages, I would think backing out of a deal is the best course of action.

In looking for land, was he trying to find something that had no maintenance to speak of and he could hold until he could sell down the road or develop?

To be safe, I would contact a reputable lawyer or PM in the county where you own the property and see if you can buy a lease from them.

I help develop rooftop racking structures for commercial solar projects.I went to RIT in Rochester, NY for my engineering degree and discovered what a great rental market it is.

I am looking for a reputable attorney to help set up a new LLC or Series LLC in TX.

It seems developing strong relationships with a bank can add a little wiggle room.Thanks again for the help!

I am a licensed agent and contractor, and we develop our own projects.

While I invest in multi families I have developed a certain style of 2 family or even mother daughter single family that I find works really well...I Strongly prefer the 2 family that has a bigger apt on first fl.

@George Frye Your will likely have less regularory risk if you acquire a performing note from a reputable broker, rather than originating a loan.