Don't underestimate the time and potential hurdles you could face getting financing.  

Jon, that is great feedback, thanks a lot.The value of BP was evident pretty quickly once I joined the community but it's just there is no substitute for face to face communication.

You learn very quickly what is important to you become the cheapest investor on the face of the planet.

You should considered dealing with this as practice for when you have to face the real crazies out there.

I'm excited to have found a group of like-minded people and I can't wait to start meeting some of you face to face at northwest meet-up sessions.

I want to see with my own two eyes the level of devastation and look at this guy in the face to see whether is truly an idiot or a straight-up swindler.

Remember, right now all they have is a bare piece of ground and by allowing someone to complete a transaction with them and then put additional funds into the utilities etc. their security increases.I wonder if other BP members are finding the same situation and working either on lots or subdivisions with banks.

I have a private money lender in mind but not sure how I should structure this - I know there are plenty of creative ways to lay this out but just want to get the bare bones on how I structure this private money loan - can anyone share steps on how to do this? 

Let me see if I can break this down into the basics.1 - Follow the money...your money...that's what matters.2 - When your money stops moving, it becomes a "cost" to you.3 - The face value of your money, cash or equity, is the same. 

I wouldn’t want to face the irs with my defense being “a guy on the internet aid he thought it would be ok to not pay the taxes owed...”