PM for more info.As far as a license is concerned, it's not necessary to buy real estate but it definitely doesn't hurt to have and it could open you up to monetize in other ways as well as gather great market info.

@Michael Johnson I cash flow month one $548/mo net

@Monét Marshall , In this situation I am assuming you are asking to partner with cash buyers.People with cash do not necessarily understand real estate investing.

I want to structure the lease very carefully to give myself monetization options. 

I hope to take some of this knowledge and monetize it.

Now you're making 500/mo gross profit which may be around 350/mo net profit.Yes.

In lieu of that, trying to do a guest house of maximum size if that is allowed is a good move, as well as looking at adding every "alternative" feature that would be allowed and could be monetized.

Maybe I am just paranoid but that is something platform creators can monetize as well.

So, how DO they expect to monetize their inheritance otherwise?

It seems like they are performing the same service they did in your original build. my two cents- I don't like the arrangement...you found the lots that you can monetize...you assume all the risk... and someone gets to GC the job and earn 40 percent profit?