We found a piece of land that was similar size to yours in an area that was ripe for townhome development but was rectangular in shape.After talking to a consultant we found that the land was not wide enough to accommodate townhomes on both sides of the rectangular land as we had to account for roads and sidewalks in between the homes and those had to be a specific size based on city rules.The seller believed that we could fit about 90 townhomes on the almost 6-acre parcel, however, we could fit only 45 to 50 townhomes as the land was not wide enough.

That annoying piece of garbage that kept sending me mailers relentlessly without  respect for my privacy, or that guy that only send me one mailer and wasn't so dang desperate?

My questions have to do with.. as a new investor I'm missing a few pieces to my understanding on how to structure a partnership.

I would ultimately look for a combination furnace/ac unit as opposed to picking to separate pieces of equipment.

Give them an ear full of questions, their advice is the only one you should take. 

The last piece of the puzzle to make well informed offers is to understand the cost of construction and rehabs in different markets.

The water heater is on its way out.What are the rules for taking de diminimis for a piece of equipment that also offers a tax credit?

I'm brainstorming here with all of you... as we move into a changing economy we would like to unload this piece of property to free up equity.Here is the listing on LoopNet -  https://www.loopnet.com/Listin...Our portfolio is over 29 commercial units as of today not including this property.

A goal of mine is to get into buying scenic/secluded pieces of land and building tiny homes on this land to list on Airbnb, VRBO, etc.

Put your ear to the main line into the place and listen for running water.Look at your water heaters for water on the floor below one of them.