Sun & Kittea's standalone home project

For clarity: this would mean cost estimating materials & work on the container home to date and having this included in the total investment cost to own an exclusive rights lease on the area?

Yes

only a small part of the energy put in so far will be "wasted" so I really dont think this should be a stumbling block

Finally once the $30k has been paid out the tiny home would be fully owned and operated by Kittea and Sun, we would continue to pay out the communal mortgage until it is paid out. Then a land lease agreement would come into play as if the tiny home were a business operating on the property.
Our financial contributions would cover our share of the overheads, and communal mortgage as established at this first refinancing for 2019 projects.

Does this mean Sun & Kittea's portion of rent would not be contributing to the shared mortgage at all until the container home is completed? If it is to be considered a separate investment then it would make sense that both mortgages are contributed to concurrently. I think this might be what you're implying but just wanting to be sure.

We would pay what would be calculated to be the communal mortgage share plus the extra cost of repayment for the additional extra $30k.

that isnt how I interpreted it Sam, I think there will not be a separate mortgage for the tiny home and one for the property. ELF will just have one consolidated mortgage and my loan which will remain the same. Also we need to work out a financial model for how business leases will work, so far we have avoided it but this may be the time to start that discussion?

lets modify the budget spreadsheet and model how much we need to loan in the refinancing then we can have something concrete to refine. In principle it’s a good plan I think.

Rod re your comment on your vote, I see that having private spaces is always how the CLT model of development is supposed to work. If someone wants to lease an area and run an orchard or some other business and make their own dwelling that is ok provided it’s a win for everyone. Fair is probably the wrong term in this context. If everyone wins that is the outcome we are seeking. having said that you are entitled disagree and explain why you think its unfair.

Budget Estimate Available for Comment Here. https://docs.google.com/spreadsheets/d/1mNrOmVVcEBqssHUXps6a9R2jiR4Ays_LrplGlQvaMTQ/edit?usp=sharing