Meanwhile, you are highly exposed to price risk.I know you are just passing a long techniques. 

When you see a listing, does it help when the remarks are tailored toward investors?

Local Banks and Credit UnionsSometimes, local financial institutions offer innovative lending products tailored to the needs of their community, including renovation-focused HELOCs.2.

I have been buying tax deeds in Florida since 2004 and love the technique.  

That however does not guarantee that the systems in place are good and or going to work in the future.Also, just because someone shows you some spreadsheets and some numbers on paper doesn't mean they are "right" or tailored to you're level of risk.

I'm really interested in having a lease that is tailored to Philadelphia, but maybe that is unnecessary.

If you can show another technique where I can take a very small amount of money and make a very LARGE amount of money then I'm all ears! 

Have a plan or strategy so they can tailor your search. 

I would overlay legal issues at nearly every stage as well.FormationInitial SPE Formation, development entities, contract for land with contingencies, City negotiation on zoningFinancingInvestor equity or bank financing for construction loanAgreementsConstruction Agreements, Development Agreements, Management AgreementsOperationsLeasing, Brokers, Vendors, plenty of relationships with third parties that need contracts reviewed and tailored to your specific goals.

For your project, tailor the fee schedule to the project.If you're asking about profit split at the end of the project (whatever that looks like for you, either selling off lots or selling completed buildings, or somewhere else in the project), then you could do an even percentage depending upon how much equity each put into the project.