I am looking for a builder to partner with who will finance building costs (and get reasonable GC fees above cost for their efforts as well).

i.e 500k (400k building+100k land cost),  with cost segregation average 400k X 20% = 80kcan 80k deduction be applied as depreciation, against his w2 income from a salaried position? 

Yes the leaseback will cover the loan and fees for the duration…if we don’t break even, we may have a tiny cash flow.the builder is using it as a model until they sell the remaining units they will build over the next couple years.

I am a general contractor with 20 years of experience building new homes and renovating existing homes.

All bids are to be based on the bidder’s own information and knowledge of the property, learned through his or her own efforts, and not on any representation or comments made by the Committee.The property is being sold free and clear of the lien(s) being foreclosed, and of all interests subsequent in right to that lien.The property is being sold subject to:All taxes due the municipality not foreclosed by this action,Water and sewer use charges not foreclosed by this action,All building and zoning regulations of the municipality which affect this property,All building lines, easements, restrictions and all other matters concerning this property which appear of record,The rights of any person in possession or occupancy of the property who have not been made parties to this foreclosure action,The right of the United States of America to redeem the property, if applicable under Federal law,Any other liens on this property which have not been foreclosed by this action.Further description of the property and further terms of the sale may be obtained from the Committee or from the court file.

It will also allow you to build relationships in your local community with tenants, contractors, real estate professionals, etc. 

.- Network: Has valuable contacts within and around the industry.

Talking with people who have been doing it longer, going to events about the industry, and learning more can help you do well in making money from property.Good luck!

Here are key sustainable trends in real estate:Green Buildings: Properties designed with energy efficiency, water conservation, and environmentally friendly materials in mind are becoming increasingly popular.

One thing I forgot to mention… So yes, it is ideal if the building is deleted prior to listing your units.