Eric,If you would read my post, you would see I fully support the Habitat program.

Well, you can't control when someone will want to buy your house and you can't control whether or not the house you want is on the market at the price you want to pay when you find a buyer for your house.You'd have to find someone that was so in love with your house that they'd be willing to wait months and months for you to find another house, get the financing and move for this to happen.

First get qualified for financing, then shop for deals ;-)If you do FHA you may be able to find one eligible for 203k program giving extra cash in the loan for rehab.

No – you simply need to control it.

How are you on BOCA, OSHA, Environmental Engineering, Marketing, Planning & Zoning aspects, obtaing zoning variances, politics in the area, working with utilities and thier engineers, financing projects......I could go on....Point is, you won't get this out of a few books, universities offer degree programs and new grads still are only prepared to assist an established developer.Best thing is to work with one and learn.Many developers were GCs before they started, probably started with a small number of lots and built in phases or got an existing area and built to suit.

Even in untreated lumber, like joists, you may get twisting and lose structural integrity.Electrical connections don't like water, especially salt water, that includes low voltage circuits as well, HVAC controll, security wiring, door bell, cable and phone.....all wiring.

Joel, my partners sister works at a local credit union and is working on some programs for us, otherwise it will be cash.

Contract Services: Pest control, Lawn Sometimes seller slip and leave expense out.

What are your thoughts on the reality of this program?

Where they see the unknown in not having a corporation control their life and path I see living an unlimited life doing what most only dream about.So get out there man and make it happen!!