Looks like a fun project.

If the company complete the process of review in a positive way and is being announced that the landowner doesn't have enough money to pay for construction, then they look for lenders who can agree with the profitability of the project.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

They never made an interest payment nor are the projects completed and sold and I funded these in August 2018.

So if you TOTAL project cost, land + construction, is 10mm if only using the land it would need to be worth at least 3.5mm.

It is a rental and rentals should only be maintained to minimum/basic standards.

The above are basically the minimum dues to be a salesperson at any brokerage as far as I am aware.

Lastly, any new home builders and/or modular home builders in NJ who would be interested in a project like this?    

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

He likes the idea of us buying his home and renting it, basically do he can have nothing to do with the details.