You will have to spend a considerable amount of money to even figure out if it is possible.  

What do you do to take into consideration the SUPPLY side of things in these newer/growing markets?

From my perspective, the most important consideration in your case is to find a commercial broker you trust, like and see yourself working with for many years to come.  

Of course as a owner-operator, you will have other considerations, such as never worrying about rent increases or losing your lease, etc.  

They generally are working with considerable funds they are just not experienced in commercial real estate.

I have three months of property experience in an Australian law firm before not being able to continue due to my licence not yet being transferred.Australian property investment is similar to the US, with both systems being considerably different to New Zealand.

You'll find very soon what's the best move taking everything into consideration. 

Definitely taking this into consideration during my analyzing. 

I have taken my team and your inputs into consideration and decided to back out of this contract to save me from future hassles.

Don't get hung up as a newbie with this "equitable interest" stuff, an equitable interest must be measurable, in financial terms and those $10.00 and other good and valuable consideration contracts can give you an equitable interest of $10.00!