Unless you plan to reinvest at least some of the profit from the sale of your current home, you'll be back to cutting hair in the next year or so when your funds dry up. 

When it starts to look rough with areas of drying out and serious curling and splitting I replace it before it leaks.

Plaster of Paris (takes a little practice) for the deep areas, finish plaster for the top, both dry fast and sand smooth, you're on your way.

So, investor comes in with a minimum of 3 million, and is payed off with subdivided lots or with money stemming from the development loan.

I would think so, its very dry and sunny.

It's cheaper to soak and cook dry beans over eating canned beans, just saying!

3bd/2b upstairs, 1400 sq ft with attached 2-car garage; stairs lead to finished basementfinished basement: 900 sq ft, 1bd/1ba where bedroom doesn't have closets; but is fairly large spaceheating/cooling control: not sure if top/bottom have separate controlsmeters (gas/water/electric): just 1 for whole houseLocation: schools are 4/3 rating, but on top of a hill with Bay Views. 0.5 mi from 80E freeway (one downside is you hear freeway from yards but not from inside house)accepted offer price: $906K with 20.5% down, requires $9K of dry rot repairs, and $5-$15K to move washer/dryer connection lines into garage so that both top and bottom units have laundry access.  

You don't need a CG - you just need someone to do the work; dry wall, painting, carpentry and plumbing.

Get into Stem fields? 

@Cole Raiford my powder is dry and ready; but I am not at all expectant.