A lot to digest but if they default then you are gonna have to get legal involved and foreclose and evict - which can be stressful and expensiveIf the tenant cannot get conventional financing it means they are not qualified for a loan - so you take on that risk.

Real estate development has a very broad profile but in the end it is digestible if eaten one bite at a time.

So much more could go into this post, but digest and then hit me up with questions.

The answers/info you get are the "Reader's Digest" versions. 

If you choose well, you can pick a sponsor that has years more experience then you could ever hope to have.I'm personally invested in a fund with hundreds of NNN leases, where the sponsor has full real estate cycle experience, has low leverage (typically around 40% although temporarily they are little bit higher right now as they are digesting a big new acquisition) and is the only fund of this type that I know of that has an investment grade rating.

It will take some time to digest all of this helpful info. 

Then sit back and digest for a while.  

This gives us the time to digest our findings, confirm the current market, discuss with our Client, and come up with our longer range strategy for the unit.

Quick grap a used copy of MREA millionaire real estate agent digest it deeply.When you think you understand it read it again.

I'm going to digest this a little and see what ideas maturate.