I’d guess being fully out vs 2/3 out would be attractive, maybe enough for him to help you get there by financing a portion of the purchase price. 

NNN 20 years + investor and broker.Usable dirt it sits on size ( 1/2 acre ok, 3/4 acre good, 1acre plus best ) and parcel shape (most of it road frontage for land or is it narrow and deep?

Would love to hear how this property is going for you and I would also love to hear about some of your details of syndicating a property of this size and purchase price. 

You also get a portion of that sheltered by depreciation write-offs. 

Since then I've begun to use the rent collection portion as well, which removes yet another layer of complexity!

Looking to add either a pickleball court or a swimming pool to a limited size backyard in a desert area like Las Vegas or Texas. 

We can filter by executive title, business size by sales, location, SIC code, etc. 

My $10k example was admittedly unrealistic.However, by way of further background, @Dustin Heiner wrote an excellent article on this topic on his website masterpassiveincome.com titled "What to Do When A Buyer Backs Out From An Assignment Of Contract".In it he suggests a scenario where the assignee decides not to proceed, perhaps after discovering a big ticket repair item that would cost significantly more than the portion of the assignment fee held in escrow. 

I like the idea of multi family properties, this is something we could occupy one portion of, however these are uncommon in the city we live.

If you rent longer than 30 days, you’ll skip a large portion of the taxes and fees levied on STRs.