The contract was a bit concerning because it gave all the power to the GP but that seemed understandable.Anyway, fast forward 3 years and the project has not gone as expected.

Thanks for sharing the details on your purchase I would be curious as well to see how the project went now that we are couple months out?

You can buy into institutional grade $50-125M projects with as little as $100,000.

Local supplier should know who got the most projects. 

That would be a pain, amongst other aspects of the project as well Maybe a garage unit or even attic unit would work well if that's available to you.

Lots of businesses moving to camden(Subaru HQ, American water HQ, holtec HQ just to name a few. 1 billion dollar project set to break ground fall 2016 on the water front.

As a Private Lender, you can joint venture with Rehabbers on their projects.. and you can charge them interest during the project, and also Split Net Profits with the Rehabber once the property sells on the market.

The upside is the city has selected the Master Developer for the 62 Acres of the Park Heights Master Planned development, and the city officials told me they will be extending the project to 84 acres total.

Is it wise to project future rents?

I attempted to do an NPV calculation for the property using its market value and projected cash flows for the next 20 years and arrived at an NPV of approximately $235,538.