If so make they have their earnest money held by the attorney and not the agents broker.

That’s the magic of real estate compounding over time, and it’s stories like yours that really highlight this.. from what i read in the street journal, that slow build often outperforms shorter-term stategies.From an investor-friendly agent’s perspective, being willing to dig into the neighborhoods (driving for dollars) and having a robust network.. from probate attorneys to local contractors.. can pay off big.

Sit back , let him build the house , and when its done , say " Thanks " You should check with a local land attorney and see what your options are 

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

You just go to a search and put in "Nebraska Attorney General Complaint"  for instance if you are in Nebraska.

Definitely a question for a tax attorney/accountant, especially with the dollar amounts involved. 

Have you considered reaching out to local real estate attorneys or CPAs for investor referrals?

Quote from @Michael Beirne: Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties.  

I think that is more of a question for your attorney and the answer will likely vary by state.

Start by talking to a cross-border CPA and attorney to handle taxes and legal structures properly.