Tracking the development of the relationships with potential investors may become a cumbersome task - and the burden of proof is placed upon the syndicator to prove that the pre-existing relationship was formed at the time a potential investor was provided a 506(b) deal package.

We connected over our passion for real estate and self development and I could see his drive and motivation.

The tough part is finding someone who actually knows how to set them up properly.

@Bud Dwyer  You would have notify your insurance company to get it properly insured, who in turn would most likely notify the bank.

Hey @Andrew Merritt, I have never been down there personally but I just took a professional development course that talked a lot about this.

there are a lot of new development coming up in the area.

Commerical properties value add can have much higher returns when done properly. 

You need to develop your own, because if you don't you will be less confident when you buy, if you buy at all.  

The flame pattern on the burners had a significant amount of orange flame, indicating the burners could need to be cleaned or may not be properly combusting, and 3.

At this point the capital is not an issue however, I need information on how to structure a deal properly and pay off my investors and what interest rate is appropriate to offer investors.