Because I am partnering with them instead of simply using them as a private lender, they are getting equity in the deal and splitting the profits with me rather than charging a premium on the interest payment.Im not really worried about the strategy, it is solid with low risk.

You must get a permit, drill holes in the bottom, demo the bondbeam down a foot or so, and then fill with compaction inspections along the way..... last time I checked it was about $10,000

Jay what you've got to understand about Josh is the fact he is simply lying.  

I thought this was simply the right thing to do and did not give a second thought to undergoing this process until after the repairs were completed.

My frind in Omaha ended up picking up his second property sooner than he expected, simply because he’d built a small name for himself with one successful deal already under his belt.Are you feeling confident about the day-to-day responsibilities, or is there something else in the process that’s keeping you up at night?

I'm trying to make a decision between the two and I wonder if it simply depends on which rep employee you are assigned to in each business, and their experience. 

Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off. 

There could be some kind of buyout after five years or something like that, but if I was able to get a large chunk of my money out of the deal I would have no reason to sell it as it would simply be another cash flowing, appreciating property at which I could also vacation.

My goal of refinancing was simply lowering our monthly spending to reallocate towards future investments.

If your contract states that "time is of the essence", you could have forfeited your right to break the contract and get your EMD back simply by not adhering to the dates specified in the contract.