Having these two members be loyal and truly want you to success because you help them succeed is the game changer.

An Architect can look out for your best interest in the project plus can bring all the Engineers necessary for the build (Civil, Structural, MEP, Sprinkler/Fire suppression, etc.)As far as the build itself, if it's in an established city or town on a tax lot, then you'll need to go through the design and permitting process, gain zoning approval if necessary, and then build up from there.

I would guess rents are low compared to sales prices, because every local is probably parking their cash in real estate if they have cash, before it is worth nothing.Also many countries have no leverage or no leverage for foreigners, so cash only game. 

Call the cops the minute someone breaks in, then they won't have time to establish themselves.

Different companies have different fee schedules...with checkbook control, it's generally more to establish and less over time...do your homework and decide which is best for you.   

Most likely I'll be establishing an LLC.

@Jeff Smith Peak is out of the servicing game, or is Peak Corporate a different entity?

So it's an all cash game, with heavy consequences if you don't follow through.There is a calendar on the website that details the properties going up for auction.  

Knowing this, its a numbers game and you will have to build out a buyer list of individuals who meet one of the two categories I noted as those are your buyers. 

When I first started my real estate journey in 2018 and started listening to BiggerPockets Real Estate podcasts, I was only familiar with Cash on Cash return.Once I actually entered the game in 2020, I quickly realized that there were many more calculations to take into consideration:ROI - Return on InvestmentROE - Return on EquityIRR - Internal Rate of ReturnEM - Equity MultipleCap Rate - Capitalization RateCoC - Cash on Cash ReturnAAR - Average Annual Return(I’m sure I'm missing some)I still struggle to juggle all of these calculations today.Developers, syndicators, flippers, etc., will all have different preferences.Which key calculations do you prioritize on when analyzing your deals?