If money runs out (but when does that ever happen), you're left with quickly partnering with/selling to another developer, or letting the lender take it back (in which case Chris has bought himself a $120k education he won't likely forget).

Why can't you just ask the prospective tenant to bring the 2 most current pay stubs with them to the showing?

I have a large number of investors looking for continued opportunities to lend money to exiting and up and coming real estate developers and builders.Hope to talk soon.Regards,John Rubino

Jetted tubs are a turn on even though they are not utilized as much as people imagine although they set the mood for some prospects.

My 2nd mentor was a doorknocker and I'm really shy (initially) so I dreaded doorknocking but it is a very effective method.I've seen others try to develop good training programs b/c they were so frustrated with what was out so I wish you good luck!

Good news is that we have had a few prospective buyers approach us about the house who seemed to be quite interested.

Develop relationships with those people.

I have been in the real estate world for 13 years ranging from commercial leasing, development and residential to property management and currently getting my broker's license.

Real estate development and commercial properties are where my interests are.

If it was developed, that property would be backed up against the highway, so not sure if it would be the best use of the land.