I am currently based in Boston but can move to Atlanta and keep my job from October onwards.

Keep in mind that you may never see your asset.

And keep ignoring my calls and emails.

As is, the current structure I mean, that's abysmal.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

A fixer upper would be more likely to get a deal on.Certain areas like Orlando are very saturated and therefore competitive to keep rented at a good price.Research insurance premiums because they have gone through the roof in Florida and other areas.

Also, equity in general (meaning high net worth individuals/families, hedge funds, institutional) are only going to back  experienced developers when it comes to an asset class as niche as data centers, especially since there are so many things that can go wrong: what if that submarket doesn't have a need for that use by the time you are entitled? 

Depending on the loan program you would likely be able to vest the title in the LLC, meaning the LLC is the owner of the property, but of course you are the owner of the LLC.

But intend to keep your word to the seller by making their payments at all costs or selling the wrap for a high enough price to pay off the underlying. 

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