I look forward to fostering a growth in knowledge, understanding, and connection by utilizing the tools and resources provided through bigger pockets.Thank you for your time,Brian Luter

There are 4 Single Family Homes built on the site. 2 are built-to-sell and 2 are built-to-rent.What made you interested in investing in this type of deal?

I invest there and have a full team on-the-ground.

You understand some of the basic concepts, but also have some giant holes in your plan.

*Another Exciting Development in Charlotte*The Iron District is set to break ground next year (address 905 w morehead st.)The Iron District's strategic location offers easy connections to Uptown, South End, Wesley Heights, Freedom Drive, Camp Greene, I-77, I-277, and Charlotte Douglas International Airport.

Quote from @Grant Shipman: Hey BiggerPockets Community,If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think they can just start pooling money from investors without following the proper rules.

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

Once you have a PM put it on market for rent your friend is more then welcome to go through the process with them.

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

Because they buy into the dream the guru promotes?