Communication - how do you communicate scope, costs, schedules, and most importantly, conflict resolution?

Not recommended to DIY it, it's fairly complicated.

I also own another triple nearby to the neighborhood you're buying (im fairly certain I know the trip you're buying in the corner) and have done great with it. 

He doesn't have a choice.Basically you need to decide what is fair and form a plan. 

If your lease contains this term, it could be fairly easy to evict him if you need to.  

A portal that allows investor and potential investors to access deal information, communicate with sponsor, get questions answered, and access their investments 7.

Your experience with having a home built by a local builder puts you in a good position to understand the process, and it's smart to ask these questions before diving in.Profit Sharing (50/50 Split): Yes, a 50/50 profit-sharing arrangement is fairly common when the investor funds the entire project.

Think in terms of green yellow red communication in these reports.  

Otherwise, you probably will end up with a cheap, bad at communicating company who you will end up regretting hiring because they aren't actually getting anything done. 

The reason I went with UDirect is that I need one fairly quickly and they were recommended by a fellow member here.