If your talking about the Northern areas of Rockville along with Gaithersburg and Germantown I would also guess this is as simple as a supply/demand aspect.  

I am only interested in this aspect of judgment investing.

draws relating to the construction aspect to it?

What you customize should be an accent or some type of focal point that ties all the other aspects of the room together.

A refinance is obviously different.In a commercial transaction a HUD-1 is not required however, an accounting of the price and financial aspects must be shown generally giving the same accountings of that transaction.

I'm speculating as I'm new to the game and still in learning ALL the aspects of Real Estate and Flipping of such.

For single-purchase raises for a specific asset it seem that best from the perspective of the promoter would be defined as:Least transaction costs and friction for presenting deal to investorsBroadest possible audienceLowest cost of capitalAdequate protection from lawsuits or legal risk both at the time of subscription and on a go-forward basisHighest likelihood of finding or maintaining relationships with investors for the longest period of time possible The motivation for a blind pool would be largely the same, but one would place more emphasis on the ability to forge long-lasting relationships with investors so they'll continue to invest in future placements or deals in general.

Major systems are defined as roof, electrical, furnace, water heater, and no water in the basement.

Can you work in RE with bad credit, yes, but it is more difficult and it will limit your opportunities in many aspects of trying to do business.Are you good with people, can you approach a college professor and speak to him and gain his trust in what you are saying or do you have difficulties and only work orcommunicate well with just certain people, then do those certain peopleneed a property or own property to sell?

Map out the trip first, not just one aspect of RE but think of all aspects you minght get invoved in.