To start out with I have to give a disclaimer, that the following is based on NC Law- which may or may not be the same.In NC two people doing business together for a profit is legally recognized as a Partnership.

Land trusts are only recognized in 4 states FL being one of them.

However, while I stare this I use professional PM on my STRs/MTRs because I recognize I do not have the time or desire to properly manage them.  

Recognize the employment growth, economic considerations, and trends in the local real estate market.

If you can recognize that, then you know how to fix it for the future.

Appraisers analyze the mark data, apply recognized techniques and approaches, and reconcile the values indicated by the developed approaches to an opinion of market value.

Although I value my time, as the owner, I recognize this in the cash flows.

It's an NAR recognized designation.

Some he sponsors, some I sponsor, etc.After this initial discussion, I’ve proposed two things to him: 1.We need to negotiate a slight reduction in the builder’s percentage of profits2.Whoever sponsors the deal should take a 5% developer fee from the profits (*he said he has not done this on prior projects)I have a full time job and am going to be relying on him to do a good portion of the work, but I recognize I’m taking risk by bringing the equity and taking out the loan.

Since everything has happen, I realize he did this NOT to give them a chance and obtain job experience, BUT because he KNEW that they would not recognize some things. 6.