I have been trying to get the numbers down and have just not been able to grasp the concept.

I'm not a lawyer and not giving legal advice  -  I'm not a CPA and not giving finical advice  -  Simply my opinions@Ike MutabannaTo find a lawyer try checking on the Texas bar website www.texasbar.com You can choose specialties such as Real Estate and professionals with an office location near you.My $0.02 on the Series LLC concept  - I read David Willis' books - it seems he likes the use of Series LLC's for asset protection. 

I Agree with the Harbor Freight Concept.

Hire and manage a design team, including architect, landscape architect, civil engineer, soils engineer, to produce the initial design concepts and schematic plans necessary to complete the entitlement process.

Here's my current issue:only make about 60k (assuming that would only qualify me for about 270k)almost out of debt(maybe 5k)essentially no money in the bank (spending it all on debt)land around me is ridiculously expensive(MA)(have a VA loan)wanted to know if this concept would work1a.

The opportunity to work with and learn from those who have "been there done that"In the mean time, he should learn, then learn a bit more, then when he truly masters a concept.. go back and learn about it some more.

Winning coaches know when a certain play is the right play and when it’s the wrong play based on all the variables of their unique current conditions.If you want to achieve a high level of success as an investor you must spend the time to learn the concepts and theories.

Try reaching out to @Edward Schenkel about how you can structure it to protect everyone's interests.

I know that it's not a new concept..and there are a lot of syndicators with many years of experience.. but it's funny there will be posters saying they invest in syndications..but they are actually syndicators themselves. 

I did read about the concept of owner financing, but it seems like a difficult thing to do..I would think most sellers would not even consider something like that..How would you find people who would want to do that?