My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.

Focus on building and maintaining active income first.

In fact, many, though not all, of these “experts” are washed up and no longer active in the market.

Listen actively to their needs and concerns.

If this current realtor isn't getting it done for you, I have a broker/PM that fits that description that I can connect you with if you'd like.There are also very active investor groups on Facebook if you want to try the FSBO route.

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.

@Nadia Jones Starting and running a fund is a separate business because it's something that you need to actively market for and regularly work on attracting capital to invest in. 

We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents.