Prior to this past month, I had a surface level interest in R.E.I. and mostly focused on Financial Wellness as a whole.  

In June of 2012 we bought land adjoining the land our home is on for a new 1/2 mile long driveway.

Hi @Elijah Miller On the surface this looks it could be a solid deal.

The pictures indicate the house could use some surface cosmetic work. 

Seems like a solid deal on the surface!

In my rehabs, that means all hard surfaces are complete and supplied appliances and fixtures are in place.

On the surface it looks good that you're getting $234/mo cashflow, however it appears you may have squeezed numbers to get there.

If on the other hand, there is $2,000,000 left to distribute, then you'll likely distribute all the way down through the entire waterfall and everyone leaves happy.That's just scratching the surface of syndication structure and contains lots of generalizations, so please get good legal counsel and don't forget to ask them about securities laws compliance if/when you are raising funds from investors.

I am so grateful for all I have gleaned from BP already, and I've barely scratched the surface.

Find a great GC who can point out any possible gremlins inside/underneath the surface.