I'm thinking about negotiating for a 40% stake in the overall business or a portion of the revenue from new members.

Syndication Attorney: This is a critical hire.

- I think equity partnership makes the most sense for the investors I know, so how much does a fund manager usually charge and does he bake in a percent ownership, for running/ finding the deal?

@Zehua Zhou, I don't think so, it has to be non-recourse, period.

I personally think out-of-state investing is a top choice.

Basit, you must not be getting good customer service from your management company if you think these are fake!.

So, I don't think comparable sales of properties that can be built on would be very useful and non-buildable lots are likely to be all over the map depending on a wide range of factors making each of them unsuitable for building.

Maybe although I don’t think it’s a significant one.

I tried running the numbers as well and I think you are correct.

I don't know much about raw land but I would think that you reach out to 2 or 3 agents or brokers that specialize in land sales and get their advise.