Not only do brokers have the right connections to get the site in front of the desired Tenant, but negotiating a deal with a national can be tricky and without proper representation you could be getting a raw deal.

Split the parcel in 3 separate lots and develop them from scratch.

However we are having trouble getting proper documentation for lending institution from the Company that owns the building. 

See: transit oriented development

If you're going to hold a BRRRR with no cash flow, it should 1) be only a relatively small part of your overall portfolio and 2) you should have a very good reason to believe it will appreciate, i.e. new developments going in nearby.

I am looking to connect with builders/developers/construction companies in the San Antonio area.

All Money and investment agreement between us are documents properly Thanks again

To be honest, the rehab spooks me a bit as Burlington proper has loads of really old homes (100+ years), so I'm prepping myself for that hit ... but honestly, that's Future Joe's problem.

My main interest is in multifamily homes, but that's mainly because it's easy to see the rent potential in multiplexes ( I mean, that's what they were built for) and haven't developed the eye to see the potential in single family homes.

To your point, Bob, I will be looking to get involved with the board, particularly with all the new development going on around our location.