So depending on your experience, if you are bringing a piece of land and some plans, I the outside investor would want likely between 80-90% of the equity if I am providing all the funds for closing, the experience, and the reserves, just to be honest on something like this. 

You should be able to skip trace the address and find all its public information. 

And they can lay out a plan and how it all works.

Looking forward to learning from you all and sharing experiences!

Try to soak up and understand all the materials you can find here.

It might be a wash when you add up all those additional costs.

Property Update, a new property manager is in place who revamped our advertising, including new photos and has 4 leads and a pending application, all within 2 days.

Thank you all for your expertise. 

Whats funny is 20 years ago my net worth was negative and I would eat out all the time, now I have a few bucks in my pocket and I cannot remember the last time we went out to eat that was not a special occassion. :) .  

Your offer, contract, and assignment, documents are the most important documents, as they are the bases for all rights and responsibilities.