Certainly will be sure to ask to see the card before signing an official agreement.Wouldn't be asking about cigarettes or cigars.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

You will have a leg up on the competition where it's a stand-alone. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

An agreement would be signed, and the property would be sold in 5 years and proceeds split up appropriately.

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

values went up big time ....It’s not that bad.

I’m working with local investors who are snapping up everything they can get their hands on, and honestly, I can’t blame them.

Real estate purchase using reasonable leverage, at todays interest rates, will build up equity through amortization.  

Some places you can look up that info.