I have a full time painter, a couple handymen that I have a one day a week deal with, I trade for skilled labor whenever I can and I have go-to trades people for sidework in framing, drywall, plumbing and a number of go to small businesses that I know I'll get a decent deal from.

Other than that, you will need to network with a lot of people to find seller finance deals.

This sounds like it could be a good deal for the partners, and perhaps the bank, but a terribly risky deal for you, with little upside.What exactly do you mean by, “There will be a promissory note drafted for the amount and the duration and interest rates”?

Yes, im not sure about deal sourcing at least at my level because I dont make that much from the investment side of my business right now and I feel there would be a lot of training involved.

I was hoping someone had a referral for an investor friendly attorney who can help with contracts specifically dealing with wholesaling both MF and SF.  

I specialize in working with other investors to find great deals that meet their cash flow and appreciation goals.

I suppose they would be able to help me figure it out but I’m still trying to determine what is the best way to fund something like this and would it be better to sell off the entire purchase once split into separate parcels or is there a way to structure a deal as to where I could sell off some of the land to repay the loan/investors and also retain a portion of it to develop with my own short term rentals.

If they can deliver all that they promised at this price - it's a great deal.

Start by learning the basics of finding and analyzing deals, networking with investors, and understanding contracts.

How did you finance this deal?