I think that it is vitally important to be working on the deal side and the money side both.

I own a property management company with rentals near the proposed ROW; also worked at the city in the Planning Dept. for about 6 years attempting to coordinate the prospective station with the Fulton Mall specific plan, the larger General Plan, and all of the layers of transit that could link up (light rail, bus rapid transit, busses, taxis, PRT, biking, walking, etc.)  

The cash flow is generally not there to put in all the layers to stay more passive as a sponsor.

As a second layer of analysis, consider if the place can be easily rented out or be sold at a profit after you move on to your next property.

It does a good job demonstrating the challenges of answering peoples' questions about how a syndication will affect their income tax.I must add, that I like the tax benefits from layering syndications. 

@Michelle Eisenberg From reading BP and books I’m learning that building an excellent TEAM is vital.

The Land Trusts provide a layer of privacy and avoid probate.

There was very nice vinyl plank flooring and a foam layer under that. 

This site has been invaluable in my quest to learn about all of the necessary knowledge, the vital processes and the ever-important others' experiences and and so much more.While recently putting my plan to paper and visualizing my future business, my excitement and happiness about this path grows.

New wholesalers commonly overestimate ARV and underestimate rehab costs so it is vital to get these numbers right in order to establish a good reputation and provide quality service to your end buyers.