First month payment came through, PM had discounted first rent 50% off without passing it by me.

Unlike some people, I believe HOA is good costodian often finances, get volume discounts, do the effort of hiring contractors and maintain common space so in that regard I consider them a value. 

When you say equity capture, are you referring to purchasing at a discount?

The builders offer credits to buy the rate down, or they offer a discount if paying cash, so these make sense.

If have RCv vs ACV all that means is a 90%+ discounted roof replacement every 17yrs on average.

It's really only relied upon in new construction and even then I would place more value on a discounted cash flow with assumptions for time to stabilize to market occupancy.

You need to have enough money, probably in the $100-150k, amount to put the property under contract, and do the feasibility study on the property, Phase 1 Environmental, Property Drawings for roads, water sewer, and utilities, and have a completed budget so you know what your costs are.At that point you can go out and attract investors, I don't thing that developing raw land is necessarily cheaper than buying discounted finished lots. 

I am an android user however and know next to nothing about itunes...so where can we android users leave recommendations.Also....I missed the webinar last week and just listened to it last night.....Can those of us who missed it last week  still take advantage of your discount offers on pro membership and free download of seminar?

No use having them take the discounted year long lease and then just leaving anyway in a month or two. . 

I have discount codes for both if you need em.