@Martin Saenz on another note, I just gave a similar Leadership Professional Development class (LPD) to my Soldiers on the power of goal setting last week.

I would recommend developing a strategy and location, and probably even organizing financing before you find an agent, because until you have all that figured out most agents won't be able to help very much because to them you would not appear as a serious buyer/ investor on paper.

I am a developer and wrote my own application.

I am a first time developer who is teaming up with my former employer who is a GC/Developer. 

If this relationship with your financial partner is solid, you may want to look at this option, giving a preferred rate to investors and you/your partner developing the schedule of hurdles and splits.Many options to consider, but honest conversation with your partner seems in order.

If you can identify a property that supports that math, you ought to have the flexibility to cash out and refinance to have equity for that down payment.

But happy to hear from the other side.For example, maybe someone who does developments could chime in, but my guess is the numbers on building new affordable housing just aren't compelling, and if policy/markets shift so that it is attractive, you're going to have a lot more BP forum discussions with everyone asking how to get involved (which would be a positive for low income families because supply will go up and rents eventually come down)

We are all out to make money and I suspect that we each have developed our business plans based on our own experiences. 

@Ray Hernandez  I would add going to local REIA's and Meetups to identify potential buyers. 

Hi,Does anyone know of a good lawyer who deals with setting up LLC's and developing Lease/Rent to Own Agreements?