Figured this is my shot to get involved, so i contact the bank directly mind you this is a local bank 6 branches tops in a small area of southern NJ, after talking to a few people I'm now talking directly to the assistant vice president, so I've been talking to him since April, explained my interest in purchasing the property and willing to submit an offer, he tells me they are still working on this and it's not ready for sale yet, every few weeks i call and ask when is this property going to be available the answer seemed to be the same "we are looking for a listing agent" or "Probably going to be listed by the end of the month" after months of endless phone call i contact him again in July, suddenly his realtor listing soon to come talk had changed and his exact words were that the bank had considered taking offers!

My family has been here for multiple generations and has always been very involved in the area, including on the real estate front, so I have deep roots in and love for the place, and come by my interest in real estate honestly :-) Professionally, I'm an interior designer specializing in high end residential design for successful, busy professionals, and aging-in-place/universal/accessible design, for those who either need it now or (preferably) want to plan ahead, just in case, knowing that at least 68% of us will be disabled in some way eventually, or who know they have some health issues for which they know they will eventually need to make some modifications to their homes if they want to continue to live there. 

Finding purpose and support for those involved that have "been there, done that" is the most challenging aspect.  

I like the idea of involving the seller's input to begin with then going from there. 

The reality is that there is work and required knowledge involved with this business and there are also absolutely big profits that go with it.

If you have a title company involved, they can help determine if it's a legitimate lien. 

I will have GC's running my projects daily but will be involved on all planning stages.  

A good project manager will eleviate the struggles and challenges of physically managing each project and free up the time needed by an I veto to source new deals, over see marketing of current deals, and manage the enterprise.Successful Development is more about managing the individual processes involved in the developments as I opposed to actually managing all of the people involved in those individual processes.

Are the dues paying an idle managers salary or going to project over-runs.... and still not maintaining the place or building reserves (the bad side) or do the dues help a well run association thrive, are they accounted for in a transparent way with good reserves, funding an active maintenance program, solid reserves, and good owner involvement and professional management (good side)..

Not a lawyer, but I would have some concerns if I wasn't licensed and was involving your buyer in the transaction with their POF/Preapproval.