You need to seek out experienced and sophisticated developers for this project.

I mean there are some legit folks out there who use sophisticated marketing techniques to find properties :)

I think it would be pretty tough for the no money wholesaler trying to bust into this to do anything or get anywhere.. at least with assets that sophisticated buyers want to buy. 

If any of you happen to have any deal term sheets, and could share with me (blank out any sensitive information if you need to) and investor proposal powerpoints, please do inbox me and Ill send you my email address.I think their sophistication level is at amateur and to deal with these LPs it needs to be at high level professional.

Incidentally, this is why most sophisticated subcontractors now all offer value engineering as part of their bidding/estimating process.

is there some other way to project this out... a more sophisticated calculator?

Didn't want him thinking that over-sophisticating a rental house purchase with an LLC was going to give his wife magic credit history or something.

I do not use more sophisticated analysis such as IRR because I don't have a defined hold period.Back to Denver. 

If you are planning to scale up, then you should explore a more sophisticated accounting software.

There are far more complicated answers with caveats.... but unless you and your friend are quite sophisticated and experienced international investors... the answer is very simple.