I'll detail more about the project below but wanted to lead with my goals in posting.TLDR;  Interested in links, advise, discussion, warnings, etc for proactively anticipating the next steps involved in planning, designing, constructing and managing large development projects from a General Partner and Owner's Agency role.The general state:- Partnered with owner contributing wholly owned lot with appropriate zoning for ~18 story mixed use set of towers (5 in total under current rough plan)- Very qualified architecture team signed on to deliver plan for design process- High level contacts with multiple potential building partners showing interest- Multiple funding options available in line with needs for initial tower's expected costsThe vision:- Emphasis on active community engagement and development- Net positive Electricity, Water and (as much as possible/practical under constraints) Food- Tightly integrated with surrounding environment with funds allocated to remediation and improvements of native ecology and community/pedestrian oriented accessibility- Digital nervous system (I have a technology background) with sensors to drive efficiencies and create digital connections between the various building components and it's residentsThanks to all for providing such a fun community!

It is a great location surrounded by three large apartment complexes with no nearby food aside from a gas station next door, the value in this is there is already an entrance, there is also a large 6.8 acre PUD parcel zoned for apartment or assisted living right across the street.

We are in a fast food world. 

Just food for thought!

You might also consider not only your relatives but joining other investors, maybe join a real estate investment association or club and work with others to minimize your risks.Well I do not know if I have offered any help but at least this will serve you as food for thought.

The owner was just looking for free Tiger food!

As I mentioned, it depends on the nature of the businesses subject of the transaction, are we talking about an oil refinery or a steel fabrication shop or a food warehouse or what???

The second floor apartment was larger, but kept very messy; i.e. pet hair everywhere, spilled food, and the very heavy scent of unwashed clothing/bedding and cat spray (the tenants had 3+ cats in there).

Just food for thought.

In addition Tennessee has a very high sales tax . 9.75 % on many items and I think 7.25% on food.