I wasn't planning on extending onto that piece of land in question, but I'm concerned would be the word.

Hi Devin,Of course there is a catch... no matter who says what, the system will cost money and so will the installation and someone has to pay of it... either up front, during a period of time or at the end.If you are not paying for it up front then when you turn around to sell the house the buyer will have to pay for it and this has caused a lot of buyers to lose interest.

I've been looking forward to learning by doing and getting involved in commercial...of course extended family is a bit more supportive of taking the money and running...to the next project.I'm sure a bunch of you have run into this situation before.  

@Josh LeMastersThank you for that extended explanation, I appreciate it.

Leaning towards just using it with my family and extended family.  

IRS penalties should only come when I remove earnings before a 5 year roth holding period has been met and/or before the age of 59 1/2.

@Stephanie Dobbs No, this will not work, period.  

Is there a way out of the contract after a period of time or am I stuck with coming up with the funds to close this deal?  

If you want to find something in the $140,000 price range, it is not going to be possible on the east bench period. 

I never signed anything period with them.