In this case, if we wanted to do separate projects, assuming the assignment of the equity and total value would be  ;Me: (0.64 x $7.5M) = $4.80 assigned value and (.64 x $2.5M) = $1.60 assigned debtPartner: (0.36 x $7.5M) = $2.7M assigned value and (0.34 x $2.5) = $0.85M ***. debtIn this case, or in any way to meet the separation or new projects objective, can wedo the following?

The good thing about Owner Financing is much more negotiable than a conventional loan and is typically approved by the project and not your personal credit. 

I am doing line item projected expenses and am unsure how to account for these costs.- Other than google searching comparable rentals, is there any way you all accurately project rents as well as vacancies for your areas?

Great lookig project, and a bonus they came right to you! 

Thanks for your feedback, I hope to be in these talks in the foreseeable future.You don't have to be accredited if a) you have pre-existing relationships with a sponsor and b) that sponsor does 506(b) offering that accepts sophisticated investors. 

Since it's summer all the contractors I've gotten recommendations for won't accept any more projects so I'm kind of at a loss, and missed out on a deal on a trust sale property because I couldn't even get a contractor to walk through with me!  

You did a  great job on both the renovations and your projected profit.  

@Paul AquaI have invested in projects using an SDIRA (private lending or syndications), and I do enjoy it as an option.

If you have time on your hands and want to handle a project...

I want them myself, but have 2 more projects I have to get rid of!