The land is owned outright, I'm not going to mention the acreage but it's prime land bearing mangoes, oranges, grapefruits and coconuts seasonally.

Two people own a piece of property and are wanting to do something with it - That's a partnership no matter how you slice it.2.

- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way  ---- 

With comparable properties reaching north of 800k and selling under a week on market and over asking this is a home run any way you slice it.

My wife currently stays home with our 3 children and I work a mid-level corporate job ($76K salary), so my DTI ratio is high.I have identified 30 properties in my area that are either vacant land or are occupied but make some sense to slice off 7-12 acres for this move.

I don't think the "average investor buyer" would ever consider negative cash flow - that being said, there are probably a portion out there that will do so for various reasons/strategies, but its going to be a smaller slice and not part of the main profile

The reality is once you jump into investing, it's not some sudden mean reversion and you'll get your slice.

Just allowed me to obtain credit for a nice slice of the profits..

If to big, slice off the good farm ground and sell to the neighbor farmer.  8.  

Letting go of that slice of control is hard but once you do it's quite freeing which is hard to put a price on in my opinion.