I did get a phone number from him that is still working though.I have sent a certified letter requesting payment, is there anything else I should do at this point if he doesn't pay up other than wait?  

I will 100% admit that I don't know exactly what I'm doing and am not yet an expert of any kind. 

But maybe that's also because I'm not a construction expert, so I would need higher returns for a construction project, for me..

I am no expert (!)

I know there are lots of investment experts on this forum and wanted to hear from you on what your experiences and best way to leverage you CASH position!! 

S CORP orLLCINC.....TO ALL MY EXPERTS!

Being that this could potentially be a first deal, I would want to partner up with an expert who could walk me through the transaction and we could split the profit.

I am not an expert, but I believe the key is to think like a searcher.  

Almost every expert is saying that the market is not slowing down in Austin for the foreseeable future!

Avoid the newbies even though they have slick marketing pieces.Avoid listening to people who have a ton of book knowledge but have not done a single deal yet but frequently post on forums like they are an expert.