Once your build contract is signed and the build deposit is received, it's not just a matter of filling out some simple paperwork to start the permitting process.

Something more passive via a syndication could work for them, and otherwise they'd probably prefer something simple like a long term single family rental. 

You defiantly want legal protection as stated by @Max Wilhite@Jonathan Bock is correct about keeping it simple. 

simple question to ask, are investor dividends being paid out of net operating income or reserves? 

All they have to do is follow the simple contract where everything is outlined.

It's simple but not always easy. 

I absorbed all I could from people on what wholesaling is... then I combed all that information through using the common sense comb.I took what made sense, and tweaked what didn't make logical sense and created my own system.But as you have noticed, wholesaling, in reality, is really simple.

The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.

Negotiation tip #47, make it as simple as possible for the other party to accept your terms.

Simple.