Capital requirements -- you will need at least 25-30% of the total project costCompetition -- are there any other developments in progress that will change the supply & demand before you get this finishedIt might be worth $4MM when stabilized, but whether or not it's a good deal will depend on what it takes to get there. 

Don't focus on the pain, focus on the progress.When we fullfil our dreams we forget our biggest pain.Am I right ?

My personal property is a little outside of this saturation zone, and is (hopefully) in the path of progress in years to come. 

The situation resolved itself today when apparently the first position buyer’s funds for the down payment came through and their contract is continuing to Progress. 

You can target Commercial, Four Corner properties in the Path of Progress and not even have to put up with Tenants.

Best of luck and keep us posted on your progress!

If inflation and the economy continue to worsen, how can the real estate market continue to flourish and values increase? 

Best of luck and keep us updated on your progress!

As we make progress and take steps forward I realize I didn't work enough on sharing my vision and WHY with her. 

I think the used car salesmen pitching it are attempting to appeal to emotions with actions that provide the illusion of progress in mortgage elimination.