It's possible the engineer is agreeing to take on the ENTIRE development process and manage the entire development of the project but that would need to be clearly defined in the roles and responsibilities of the development partnership. 

Many investors choose a profit-sharing model for true equity partners, often splitting profits 50/50 or based on the level of their contribution to the deal, but ensure everything is clearly defined in writing to avoid misunderstanding/miscommunication. 

More than likely, the loan officer on your file either A) didnt know their own product very well, or B) glossed over this aspect in order to get the loan to closed due to a lack of integrity. 

I have been looking more into wholesaling and I am slowing putting money into REIT’s and learning everything I can about every aspect of real estate and general investing to not just jump into this blind.

Nowadays there are a lot more strategies available to a lot more people, and that has changed the avatars of who is investing in real estate.Not every investor is defining "success" in the same way.

the marketing must be different than a $400,000 home- What aspects of real estate do the multi million dollar buyer look for, As opposed to a couple hundred thousand dollar home? 

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

I have read all of these comments and come to the conclusion that, not every aspect can be perfect, and we all have to look at the opportunities within.

While I don't have years of experience to draw on for how the real estate market behaves around elections, I believe it's like most aspects of investing—unpredictable.

Anything based on blockchain (also known as distributed ledger technology) is going to revolutionize every aspect of our lives.