New Construction Investing

[Jeff Gattens]

I was approached by a property manager that I know who also has a construction business. He offered me an opportunity to partner with him on a new construction deal in PA. He owns 2 lots and wants me to come in to help finance the construction project which he will manage and oversee. The plan after that would be to refi and continue investing in existing homes or go the contraction  route again. 

What are some of the things I should be asking, thinking about, lenders I should be talking to, things I should be concerned about, etc... 

TIA!