Hey Zach - I think Doug hit the nail on the head, it really depends on your goals and strategy. 

@Onan Dumas nailed it with cities to the east, south, and southeast. 

This dramatically preserves your rehab funds and allows you to pay back at a later time when your rents are there to cover the debt service.

It's important that we take steps to ensure that the natural beauty of this area is preserved while still allowing for healthy economic growth.

Minimizing Taxes when Building and Selling Houses:Utilize cost segregation studies: These studies can help allocate the costs of construction into different asset categories, such as land improvements and building components, allowing for accelerated depreciation and potential tax savings.Take advantage of available tax credits: Research and identify any applicable tax credits for construction, such as energy-efficient building credits or historic preservation credits, which can help offset taxes.Consider installment sales: Instead of receiving the full payment for the property upfront, you can structure the sale as an installment agreement, spreading the tax liability over the term of the agreement.Utilizing a 1031 Exchange for Commercial Property: To utilize a 1031 exchange for a commercial property constructed on a pad site, you can identify and acquire a like-kind replacement property within the specified timeframe to defer taxes.It's important to meet the strict requirements of a 1031 exchange, such as properly identifying replacement properties and completing the exchange within the specified timelines.Creating a contract for sale after renting the property for a year may not satisfy the "held for investment" requirement of a 1031 exchange, so it's advisable to consult with a tax professional or qualified intermediary to ensure compliance.Converting Raw Land into Individual Lots:There is no specific requirement to hold lots for a minimum of one year in order to qualify for a 1031 exchange.

@Eric Hajdu nailed it for you.

Jason: You hit the nail on the head!

Nail and mail service means you don't even have to actually find the person to serve the lawsuit papers, so delays in service are not an issue. 

I'll try to nail out all your questions-- Stay out of the ghettos :) Kidding.

Took me 6 months to nail down how to do my first one correctly.