The product would never come out or even begin being developed, 100% smoke and mirrors.

Assuming you want to aim for syndication, you sort of need to learn how to develop a pro forma that ties the return to an IRR/XIRR. 

The macroeconomics are blowing up and going parabolic - population growth, job growth, and companies moving and developing here.

Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.

That is just not realistic in this current market.So in my opinion it's important to expose yourself to a large number of deals, so you can develop an intuitive sense of what's reasonable and what's not (and quickly discard the ones that aren't).And it's true that there is no way to 100% protect from fraud (and not just in passive real estate investments but even in public stocks etc.).

Demographics is destiny.Florence, AL is turning around its aging problem through new transplants while Huntsville, AL is trying to stem the new development because there's too much housing and jobs here and not enough infrastructure when it comes to schools, healthcare, etc.

Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

Obviously all that is ideal and that is the timeframe we would love to get everything done in.

The mortgage appraisal you receive is not developed or written for what you are using it for.