Time frame, material cost, labor cost, who provides materials, finish date, daily amount contractor starts loosing after missing finish date, draw schedule.

This is no different than any deal made outside of the IRA.There are no rules about how profits are divided so long as they do go to a prohibited party and you don’t personally profit.

I'm simply an administrator of my business, and have been advised it would be acceptable to salary myself just over 2% of my business' net income and draw distributions for other necessary expenses.

I'd also ask if there's an option to have the permitting be subject to a field inspection to remove or reduce the requirement for a full set of drawings. 

divide the heat by square footage of their apartments seems like the way to do it.

Below is the draw schedule we have with our hard money lender for the project.

Additionally, you could hire a real estate attorney for a short time to draw up the required documents for you and would probably be cheaper than paying a full commission.

Other foot traffic friendly businesses and restaurants are planned for the development with restrictions in place to ensure it is pedestrian-drawing type businesses.Lastly there is Kelly Park Crossing coming to North Apopka in the coming years with over 600 acres of planned development. 

If on the other hand, there is a desperate seller, and you are the only buyer, which is more of the off market deal that I believe Levi may have been referring to, then price is whatever the seller is willing and able to sell for ... there are some moral implications there, though, and it can be a thin line in that case between getting a good deal and ripping somebody off, and where and how to draw that line is the tricky part for those concerned with such things.

I would really like to protect the assets better by dividing them up into several LLC's.