If I am reading correctly, they are simply supplying the money for the partnership. 

I'm not sure if they can realistically pass that liability off to you simply by stating it in their contract.

I would simply hire a good civil that has done development in that jurisdiction and pay for a feasibility study and let them run through all the check items.. but thats really just the start.. also for context .. these projects require 350 to 750k in CASH up front to get to approved plat status ..

If you own (2) properties free and clear you could simply do a cash out refinance. 

If I were new I would simply stick to areas close to where I live.

You simply stack and bolt together the rings to the height you want.

Many benefits to doing so. 2) If you are going to invest outside your area, the one thing I rarely see mentioned here is simply the "investment landscape".

We (developer and all of us as consultants) were sued over this PE three years later, which I mostly believe is because they realized they had no 'proof' of the PE beyond the fact that we had shot holes in their AP until they acquiesced to PE.

I’d simply ask in what situations where the broker and the brokers firm did nothing to facilitate the sale do you think you should get paid a commission?

Post pandemic, the secret is out and investors can no longer 'simply' operate a nightly vacation rental in most cities and regions.