It would simply be another level up from the LLC taking title.

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

It is simply a return threshold that needs to be hit before the GP can share in any profits above that level.  

I found simply raising rent to the max allowed is better than an eviction they move with out all the fuss  :)

The quaility of old existing units, and the ability of the long term population to pay new rents, blended with an influx of small high end mill conversion units is simply not balanced.

I see some of the states that are still stuck in the 1800s using title abstractors taking a week two weeks.. the folks that are local simply dont know any better as its just SOP for them.

What I'm seeing in the industry as a cautionary tale for you is that simply the reputation of the company is not going to necessarily carry the day.  

Simply making more calls doesn't guarantee money. 

I’ve worked with investors looking to hold land for similar goals; either to build their dream home or simply take advantage of appreciation.

With broad, high-level criteria, you may be able to easily cross of a number of neighborhoods where the numbers simply do not make sense (assuming you already have your buy box nailed down).