Currently, we own and operate around 1,900 lots in 12 states, and headquartered in Phoenix, AZ (1176 E Warner Road Gilbert AZ).

To just make money is not enough.Michael Gerber, author of the E-Myth  said it best in an interview.  

I have a lot of faith in Newberry, but the numbers are the numbers.https://www.sec.gov/Archives/e...

If the LLC you own shows a loss (beyond depreciation), and you are an owner of that LLC, this would carry into your personal tax returns on Schedule E, page 2 from your K1.

Do a search on google, syndication websites, reddit, etc2) research the rang e of return for that type of investment.if the typical return is about 8% to 12%, I would be skeptical if you were getting offered a 24%+ returnBest of luck!

@Bob E. 

Update: I received an e-mail today from Delta updating me on the status - the Lot has been scrapped and several other activities have been completed, so it looks like the project is continuing.

Is she less than 5'6", has an A or an E in her name, stomach issues, anxiety, and depression? 

I'm not a R/E pro, but do work in the finance world.

Take the top 5 stocks in the S&P out of the equation and see what the P/E ratio is.