@Yaroslav Shtogun assuming this is something you can tackle yourself and with your network doing the full deal would be an awesome project for you!

In the next 5 years, we have 2 twin span international bridge projects, a new hospital, and the expansions of the university and college.

It allows you to skip the stress and time-consuming process of managing rehab projects and focus on the cash flow aspect. 

I graduated with a degree in construction management, moved to Dallas Texas to work with a large construction company building projects anywhere from 30 million on up to 1.2 billion.

I live in a small rural town in MissouriIts an airbnb but I've had people from a solar plantation project in there for the last 5 months renting out at 2250. 

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.

. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

That should really be the deciding factor...is it necessary and a large enough project to include the permit process?

I was drawn to the accessibility of their projects without needing to be a FUND, along with the extra benefits that come from their large-scale output.As an investor, my priorities are finding good deals, investing in landlord-friendly markets, and transitioning to new construction properties.

Personally I was not stoked on the engagement fee and on that particular project, the listing agent (who promised to notify us if anyone else was kicking the tires on the lots) sold one of them and the project didn't make sense at the new number or units.