The above reports will define what type of wetlands exist (category 1,2,3 & 4) and each type has different requirements of preservation.

By taking over that space, he defines it for the other tenants. 

Do any of you guys have a defined checklist to keep you on track and to keep the conversation going of information you are looking for from the seller?

I look forward to your thoughts and help as I am trying to better define and quantify when able to some more intricate components of the Vetting the Syndication process. 

The joint venture would define the roles of each party. 

@Jeff S. if define a role in the contract something along the lines of (for example), "Partner" shall approve of all capital expenditures exceeding $X and approve of all new tenants being placed", is that sufficient to exclude this from being considered syndication?

@Pedro Echevarria I am not sure what you mean by       "Do you use APR for the first month only"APR is a government defined number that supposedly lets you compare rates.

Really Dallas and any of the surrounding suburbs would be my focus when you have something more defined, ping me again.

You have the right path defined. 

If you'd prefer to be non owner occupied, first define your investing criteria.