His model is the exact opposite of what most gurus teach. 

This property I previously modeled is now active for $1.789M, if you check the model I was at $1.75M.

Hey Joshua,I'm currently in the throws of a development project in Brooklyn, and the $300 a sf model is a little light, especially if you plan on decent finishes. 

You just can't beat the simplicity and it is the most hands-off business model I can think of maybe short of just holding the note.

@Nick McCandless  I would recommend doing your own DD on anything turnkey investors says to you in terms of cash flow, type of properties they sell, and their turnkey model. I

Regarding common equity, one advantage of this investment mode is that it targets more upside growth and a higher MOIC.

My understanding is the Padsplit’s member agreement model is to avoid such situations.

Its still in scouting mode.

The normal production cycle is around 25 years, by buying or cooping with the land owners we will cut off about 5 to 10 years, and my basic model is to not put any money into the trees up front. 

You are absolutely right, this residential care model is needed EVERYwhere and the demand will only double over the next decade, but supply will continue to fall behind.