The parents would need the funds from the 415k mortgage to fund renovations on their new home, among other things.

The worst part is that he took no responsibility for the failed project, claiming it a "success in every sense of the word" and blaming "the market," and "the tykes holders" for not being more active in the discord group.

I have no desire to mess with the stock market and every desire to renovate distressed housing as my new dayjob in South Carolina, since I already work construction (total passion of mine) and have a lot of carpentry skills required for building sweat equity.

I want to GC these projects, perhaps starting with just one build, but would like to have someone with experience to offer advice/consulting to help with the process and ensure I avoid or minimize potential mistakes.

Extremely close project for all involved.

That's a great summary of lessons learned @Adam Harrison.Every real success story I know of involved years of struggle and a bit of monotony until the details got ironed out (and honestly, I don't think anyone ever achieves perfection... even if that's what they'd like to project).

The other reason is that I want turn-key properties and not one that requires work as I am very inexperienced and do not want to take on a project.

The worst part is that he took no responsibility for the failed project, claiming it a "success in every sense of the word" and blaming "the market," and "the tykes holders" for not being more active in the discord group.

Equity and Risk Management: How might this structure enhance equity in the project and protect all parties involved?

That is the timeline to start the project so I need to keep the funds to get that project going but also want to receive the best return in the meantime.