I don't know if you could make enough profit and still have enough to make the investor's risk verse return worth it.

I helped a Colonel in the army buy a home 3 years ago that fit this criteria and they recently sold for a nice profit.2) You can buy a small multi-family. 

I use Profit Realty, very happy with them .

Better to get the property done ASAP so you can get all your cash/profit out and do it again.

I've spoken to some people and found that $220/sqft is about min to build in this area, which meams i cant buy the house for its cirrent value of ~220k and wholesale for a profit. 

Make a profit   

Same thing for your partner on the difference between his sale % of 2.7 mil and the anticipated purchase of 1.65.If the profit is large enough this might be justified. 

Hope you enjoy your last year playing and the transition into real estate!

I am in the process of selling my 1st piece of land and want to put profits into a account but I don't know which one will be more beneficial in the long run, Solo 401k vs Self Deferred IRA.

Remember that there are 4 different profit sources for any property and I want all 4 working for me.