First, build a solid team, including a contractor, real estate agent, property manager, and lender experienced in BRRRR deals.Don't do normal BRRRR.

Get approved for construction loan (This is normally a loan at an 80% LTV, right)3.

It's just normal.

As someone with no experience investing into a syndication, is this normal, a red flag, or possibly ok depending on other variables?

Is this normal? 

He was going to do the current deal for free on a new piece of land, but I’m willing to pay his half which is 5% of the normal 10% commission down there.  

The deposit remains in place until they are out and is treated like a normal termination.About 90% of tenants pay the fee.

Talking JUST on normalized revenues, payroll self $5m annually......

If I can get a tenant with 3X the rent, credit of 600 or better and clean rental history then I normally find them to be manageable.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.