They don’t have the money to do the short plat process but would like to find a developer who is interested in this creative scenario where in the end they have a smaller lakefront house and $1million. 

Hi @Alexander Hunter,many developing countries have property rights and corruption issues, You just can't invest where population growth really will be (Nigeria, Egypt, Indonesia). 

Basic are we purchased two tracts of land vitally located in middle of a large commercial development for $2.5 million.

At some point, the current 10-20% yearly bumps become unsustainable and rents will fall as the number of renters decreases.Meanwhile, investors/developers might seek other markets, but how many markets are growing rents at more than 9% per year? 

I'd feel more comfortable with someone who has full operational and development experience.  

My business partner and I are starting a real estate development company and are forming our LLC.

Put up a flier or call the business development person at larger businesses nearby.PM Responsibilities:  Finding a tenant should be 100% the responsibility of your property manager. 

In OKC the numbers are typically too tight to BRRR but I've been developing a relationship that looks like it might make it more doable on a bigger scale.

Hello Bp,I have been hearing that some listing get offers from investors that goes something like this.They will give the seller a portion of their money to move then they will rehab the home and promise to pay them over market value once the development or rehab is done and the property is sold. 

Much of that was preordained, though, by how the money for the tax-increment financing that went into developing the Waterfront came down in 1998.