(My idea for the partnership would depend on two scenarios - we have not sat down yet and came to a solid conclusion at this juncture, however option one would be he stays in the long haul - I help finance the deal, take care of that side, put in my sweat equity/management where I can, then take care of lease out, property mgmt - we'd split equity 50/50 - second option would be for his exit at a pre-determined point in time.... cash out refi - and he gets 50% of the equity - walks away or keeps a percentage of equity leave some cash in the deal etc)Am I out on cloud 9 as far as getting build cost down to $50/sq ft or so?  

I by no means had it rough but it was not easy. having my mom explain why she could not buy me a toy because she needed to buy food for us was not a great memory.

We are at a point where we need to sell or reinvest for the long haul.

Take it down to the frame and then have the frame hauled away.  

Why pay the carpenter $80 an hour to drive to the store... sometimes I have to make them haul back the split/wet boards if they aren't careful choosing though.Some of the other smaller hardware suppliers (Talbert is an example) give you a rebate at the end of the year or other prizes like airplane tickets, etc.  

If you are in business for the long haul, you have to treat your customers right.

Mostly it is because I don't want to hold up the job and I don't want to have to go to the store and/or haul material.

-cost to remove and haul off slab ~ $7-$8k-5 city grass cutting liens for $150 each-survey to split lots in 2 ~$1,000Around $10k total to get lots cleared and ready to build on I could list these 2 lots for $30k each.

If you ultimately choose to move forward with a CMBS lender, it is important to choose one that has demonstrated its dedication and capacity to staying in the CMBS market for the long haul.

So in my opinion why go to A, B, C, D if your goal is to go to "Y".Julian, it's obvious that you are a very very intelligent person that is very very driven....