Here is from FL statues 475.43"All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve"I will welcome the day when all the frauds and game players are mostly out of business.

Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.If you instead focus on the prospective price change of a contemplated purchase, you are speculating.

Do I need to have a permit for every rehab property?

Learn from any mistakes and turn any fear into something that is funny or something else that will help you.Always remember to do all of the cost numbers analysis and try to look at prospective properties or at least have a clause in the sales agreement that allows you some time (usually 10 to 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.  

Your prospective land-owner partner can contribute the value of the land to the project and then let you manage the development process.  

Permit delays.

The prospective tenants would have to be less than picky and birds of a feather with the existing tenant I would think--dog people.

There are a couple of additional thoughts I'll share.  1) If your prospective partner is a friend, you both need to be careful not to let this affect your friendship.

Met a new Prospect looking to purchase investment in AL..Find ways to make it work...It all Counts!!!

The higher values, unless negotiated, is just one of many factors that can make you take a harder look at a prospective property.