In my view this is what HML lenders do all day long so it's just talking to a few lenders to find one who'll back you and the deal.My view is that due to the popularity of building parks in the 60's and 70's and the now age of the founder is quite advanced, there;'s lots of dilapidated parks all over the country in this or nearly this bad a shape.  

I'm planning to jump in evenings & weekends when I have most of my empty time slots, starting with tonight.

Harold its risk reward and what your comfortable with.8% is basically bank money I borrow from banks at 1 and 5.5 to 6.. so 6.5 to 7% apr.. and those are FULL doc deals with PG's etc.at 8% I would want to know this guy has money and get a PG  ( personal Gurantee) you may also ask for some equity as well.. very common in these deals.. its called a participation mortgage I have been doing those for 30 years they work great.ground up construction is risky from a lender point of view.. you have things to think about and worry about.1. what happens if it gets half way done and the builder walks.2. are the subs being paid... you want to monitor that as well.some things to think about.and generally I am not one to run off to an attorney at the drop of a hat.. but for a 500k deal I would have an attorney write this one up for you and go through the risk factors in your state

Removing enough wall to see and then can cut a small slot to follow it. 

The APN search found it thankfully on like pg 12 of mortgage #18.

Or just drop the letter in the mail box/slot if there is on.Good luck!

Avery, really do not think anyone on BP is in PG.

I'm interested specifically in rentals because I see slot of potential in that aspect and it seems more like something I would like as opposed to say flipping. 

However, I believe I will learn s lot from  BP So that I will be confident when I get started.  

What's Up Deshawn,I'm a fellow investor here in PG County.