They would just pay more taxes on it so hope to take in future years when tax law changes might be more in their favor. ( Retired developers like to do these investments as they do not want to do the day to day stuff anymore).So there are all flavors of the rainbow when it comes to investors.If an investor is giving a sponsor with what appears to be somewhat limited experience 100k then that investor better be worth many millions because they are taking a punt on the project.

Nothing special anymore.I'd look at opportunities in and around downtown North Kansas City for the flavor you're looking for.

Chinese, Malay, Indian, and Thai influence makes for some extraordinary flavor combinations.

And as far as Scotsman Guide is concerned, once more you just had add a little extra Hinrichs flavor to your post about them by insinuating that most of what is in there is wholesale lenders for retail.Uh huh, but there are very specific sections for Residential and Commercial HMLs so there should be no confusion. 

It's kind of what flavor of risk and return is an investor comfortable with. 

Yes, prepayment penalties can come in a few different flavors, and are negotiable with many types of lenders.

But for local flavor, check out Jeremy Burgess and the Renegade Detroit Investor group.  

You should use the search feature and read some older posts to get a flavor of the discussion.

and for sure in this site most are looking for that home run note... because they see that one off note purchase were someone touts a 20 to 30-% return and then that sets expectations.. go to FCI exchange and snoop around there a bit.. you can get the flavor

Every situation on every property is different - even with the same investor, doing similar deals over and over again in the same town, with the same lender, each deal is unique and will come with individual circumstances, and as your business grows, shrinks, or dies, your ownership and business strategy will change.It's likely that every attorney you would ever speak to would give you their own unique "flavor" of advice, but I think you are on the right track by getting multiple opinions.