Going commercial is certainly a good thing, but it's no place to cut your investor teeth.

I am not real clear on the teeth in the SAFE act law.

Stocks are in the top quintile of historical valations based on all of these measures, and this makes it HIGHLY likely that stocks will perform poorly over the next decade Bonds at 2% on the 10yr treasury, same story, very expensive.I know this is off-topic for this thread, but I'm concerned that folks just hear this "stocks have averaged 9%" mantra from the brokerage community and go with it.

So I'm at about $2 million equity and $800K in stocks (some bonds).

Securities are defined by the Securities Act of 1933http://www.sec.gov/about/laws/sa33.pdfThe definition is:The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoingSo, are loans securities?

I also noticed last night that the two heirs may be administrators, as i don't see any verbage in court records of executor, and I see they pulled a sig bond for $70,000.

Cut your teeth on that.

TIMELINE: it requires a lot of capital.just a rough estimate10k to engineer (drawing, survey, permit, hearing ($/hr additional))10-5K to Township (Permit, escrow, bonds, variance, hearing)5-8k (I will get back if they don't use it but it will be under their control til then)20k-30k+ for asphalt stromdrain. redo entrance and reface back of bldge.SO what started as a little asphalt of a 60*25 ft parking space.turned into a 50k+ project.WE might have to wait til next year

Investing in real estate is not that different than stocks, bonds, precious metals, art or whatever.

IE, stocks, bonds, money market, real estate, life insurance, etc.