Not cash we can spend on Ja Rule's next awesome festival, so I don't recognize it in year one.  

I will definitely have to do more research how to recognize land opportunities and opportunities for new builds. 

Just a lurker on this thread (and much of the site), but I wanted to point out that it's been proven time and time again that breed-specific legislation (BSL) doesn't decrease dog bites in municipalities and cities that implement them. 

However, recognizing that there are questions you may not have even thought to ask yet is a step in the right direction.

Although if he's responsible for those things, hopefully he has a proven track record of success?

I recognized a great opportunity to upgrade a property without having to move walls.

Usually, the passage of clear title is the single most important factor that the courts have recognized relative to ownership of a residence. 

Make a 8 - 10% return.3) Start purchasing SFH in hot neighborhoods where teams have been working together     and proven working with the syndicate for 5 or more years. 

Hard to say, but we know San Diego is a supply constrained market with strong population and employment growth prospects in a great weather climate (with long term climate migration something to be considered) where it is VERY hard to build new apartment units and those that do get built are top of market Class A units so buying C and making them B+ in A areas is a proven model in SD.

@Evan Smeenge Recognize that, especially with SFR and duplexes, the investor may not actually be looking for cash flow.