However, the price needs to be brought down drastically.

I apologize if this has been brought up before, but I couldn't find anything to tell me my idea was good or bad yet.

So if and when the time comes to sell that LLC would have to do the 1031 exchange and the members go along with it.I spose you could also simply form a JV where they brought in the land and you brought in the muscle but each retained control of their own assets and crafted a very strong JV agreement. 

Amazon could've brought in over 25k jobs...it's hard enough for the Mayor to get 100-200 new jobs. 

One of my realtors brought it to me as his listing for Fannie Mae.

@Steve Vaughan I love that you brought up the Pareto Principle.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

I apologize if this has been brought up before, but I couldn't find anything to tell me my idea was good or bad yet.

They also felt that the deal was still good enough and brought $5,500 in certified funds to closing. 

In my experience, retail sales and the use and occupancy certifications that are required by townships and citys at the sale, do not require existing work to be brought up to code, its that any new work done must be done in meeting all codes and regs.