More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

This email gives people yet another opportunity to self-select out of the application process based on my expectations and criteria before an actual showing in scheduled. 

These are self managed through my small STR management company.

The alternative is to set up a self-directed IRA, or better, a truly self-directed Solo 401k plan, invest in alternative assets, and then do the conversion.

I have a close associate with a large project there and the local banks have turned off the spick-et on funding his developments and these are very large multi thousand acre deals.

(FYI - this was an SB9 "two unit development, not an SB9 lot split). 

Problem is there are probably 1000 lots or more for resale and the developer is still selling. 

Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing? 

Oh also number one skill to develop regardless of the route you take is being able to identify and get in contact with motivated sellers.

But, more importantly for future investing (and sanity) stay away from "guru's" and self proclaimed mentor's who have something to sell you.