It is a requirement of theirs that you read "7 Habits of Highly Effective People," which I did.

Your experience with having a home built by a local builder puts you in a good position to understand the process, and it's smart to ask these questions before diving in.Profit Sharing (50/50 Split): Yes, a 50/50 profit-sharing arrangement is fairly common when the investor funds the entire project.

GerberI usually recommend people read the E-Myth an then read Traction.

They will not shop you and they understand how difficult it can be to finance a property.

I've been reading a lot of threads on here pertaining to which property management software works best, but so far my understanding is that both of the above offer unique aspects that the other doesn't provide;  Would it make sense to use both?

need massive power close to said land.. also keep in mind they employ very few people so its not a long term thing for employment

After paying closing costs, title fees, appraisal, origination, underwriting, processing, legal and other fees, the typical refinance costs about 1.75 - 2.5% of the loan amount just in closing costs (obviously before people yell at me, this varies drastically by state, but having done loans all over the country I find this to be a pretty accurate estimate).  2) Keeping the average 2% cost in mind and the fact that people typically refinance when rates drop about .75% - 1% or more, I wanted to see if paying an extra point now when I was already paying all the closing costs to buy the rate down made sense. 1 point can get you between .5% - .625% off the rate depending on the days pricing and the coupon you are pricing. 

Looking for property is not the first step...it's understanding the process and what you need to do to get ready for it.

Not I, but I am sure people who bought in pop up markets during COVID are as those markets shrunk back after (i.e.

If I'm buying old then that it becomes very important to understand capital expenses for upgrading plumbing, electrical, fixing foundations, etc and understanding the properties current condition.