When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.

I'm particularly passionate about Muti-family, buy and hold, and lending.Outside of real estate, I am a contractor with over 35 years of woodworking. we as a company have done ever thing from large conferences tables , to President Obama's front porch.   

@Jon Sidoti I just had to table a project.

Appreciation in class A is not going to put food on the table right away.

So now we have conditioned when a person leverages self to the gill's, taken on mountains of debt and the grand some of there career is waiting tables or making coffee and some toilet-paper degree that a bajillion others also have, and maybe a few years experience at best. 

@Guillermo Kennedy, it's certainly possible to use the existing LLC as a joint venture entity; the legally binding agreement here would be amending the existing operating agreement and updating the current cap table to reflect the new members of the joint venture.

I lived for free and did just fine waiting tables!

I actually partnered with a GC on this one and traded equity for them bringing some funds to the table but mostly bringing project in on time and on budget.

*The Anatomy of Vacancy Behavior in the Real Estate Market from RERI, see table 3 and 4

When the SHTF You might see gold buyers setting up card tables in front of closed businesses or inside grocery stores buying all forms of gold.