For the remaining entries in your list, simply pull them up on your Appraisal District website as you have done.

When I went, they gave me an additional free pass, so I went again this month.I'm not quite ready to pull the trigger on an additional property yet, so I haven't really analyzed many of the deals that have come up.

1) You get the cash flow now instead of having to wait til retirement - at which time you'll have to pay taxes on it when you pull it out.2) You can leverage that money to buy more properties.3) Real estate income is pretty much tax free anyway so what do you really gain by leaving it in a tax free vehicle that is only temporarily tax free - you'll pay when you end up pulling that real estate out of the 401k. example with some VERY loose guestimates on the numbers:100k buys you one house (worth about 130k) free and clear in your 401k.

So now I only make cash offers to stay competitive.I'm not sure of how much cash you have available, but if you could buy the property with cash you could always obtain financing after the fact and pull some of the cash (probably about 70%) back out.

I have lots of friends and family there and let's face it, it is absolutely beautiful once you get out into the nature.

Did great work, never pulled the permits.

You may want to consider looking for a loan on one building to pay for the design, then you can get bids and pull permits.

Doing something more speculative like this much harder to pull off.

For example, when do you pay out the profits, are there penalties to the investors if they pull out of the fund before a certain number of years, do they roll over the profits they've made and if so, are there incentives for that other than compounding, are you paying out - or allocating - ALL of the profits to investors or yourself each year (meaning if the fund closed tomorrow would you keep the chunk of money left over after paying out the investor profits and initial investments or would you divide that chunk up between all the investors), are you paying yourself a salary for managing the fund and if so, are you also profit sharing???

If you buy really well and can get some quick equity, you could do a refinance and pull out some of that money.