Really yall can work out whatever you want as his interest, it doesn't have to be equal to his dollars put into the deal.

I am closing one in Charleston next month that is the case.. my agent brought it to me.. to make it work there could be no fee up front .. but we will build 3 750k specs and they will get list backs.. everyone wins.. plus they know we are cash and can close.. you need cash in this end of the business.As for small subdivisions we do those in Oregon.. and its quite cash intensive and credit.. we just wrapping up 23 homes and that took 600k  in cash and 23  300k vertical loans.. so you need someone with the cash up front can let it ride for the 24 months start to finish and has the ability to walk into the bank and borrow 7 million dollars in 6 months.. these are doable but usually takes a person a decade or so to get the experience behind them so that the lender will work with you and the investor or you need your own cash.. 

The math just didn't work out there.  

As long as everyone is happy with what we work out, we can be creative. 

Hi JosephWe can practice with homes in your area.Pick a newer townhouse or semi-detached in your area and send me the asking price and what you think you can rent it for and I will help you work out the numbers.

Sure I don't expect it to work out to plan all the time, but having a plan B & C is just me being more prepared for the what if's.

A little more labor intensive that MLS, but does provide accurate info and you can capture transactions that were never listed on MLS. 

Again, might be capital intensive to get this to full occupancy. 

I left on the 3rd day with 3 houses lined up to offer on if the first choice didnt work out. 

I'd work out some kind of compensation plan before you start sending them leads.