I'm willing to provide the brains, time, labor, etc. of searching for an investment property and managing the tenants but lacking the cash. 

Curious if anyone has bought this system from Joe McCall (Real Estate Mastery).

Thanks for the input and feedback @Dion DePaoli @Mike Hartzog @Jay Hinrichs @Joe Gore One of the AOM's is from the Seller to me.

Have a Happy Labor Day, and make it a prosperous day. 

Thanks Joe for the thoughts... sound like I will have to do some research on zoning! 

I agree with @Joe Gore and @Wayne Brooks  the agent brought you a buyer for the finished product not someone looking to just purchase the lot.

This sounds like in an ideal situation, even with no problems from the city, neighbors, delays in materials or labor, etc..?

Based on provided information, we find that we are unable to accept your application for rental at this time due to a prior eviction.Sincerely, Joe LandlordOr should I use the template similar to that above that @Michael Modesto provided?

It doesn't make much cash flow sense but the people that are buying them are thinking that it will be easy to rent to good tenants and will be easy to manage so they will add their own labor and money in repairs over the years and then in 30 years, around retirement time, they have a fully paid off building that tenants bought for them that they can either live off the rents or sell for retirement.  

@Luther Smith  although i agree with @Mike B. and @Joe Fairless with the general idea of using your equity to leverage up and get a new property, be careful about how you do it.