From my business school days in college, I specifically remember learning that a legal contract is anything two parties agree on, including a hand shake, so I wasn’t too worried about it.

I am looking to for an investment property ideally in Charlotte, Tampa or Orlando.

I cant remember the last time I came across a property that didnt have some kind of crazy issue going on.

Ideally, I’d be securing and managing all aspects of the financing and he would only focus on the construction aspect.

Ideally I’d like to work for a developer and learn from there.

I'd ideally like to do a 2-year to with 50% or more of payments as cash (and any bartered labor over 50% would carry over to next month) and 50% going towards down payment) He had intended to rent space for 950.1.

*I do know the sellers son so remember that as I don't want to mar any friendships with them *I need help applying these numbers to a calculator as I believe that is the next step if there is anyway I can get someone to help with    that. 

The cashflow is less than ideal as we have learned but it does cash flow.

Non-recourse loans directly to my SDIRA are in the 65% LTV range, making this less than ideal from a BRRRR standpoint. 

Me going over to unlock it even if there is a fee is not ideal to say the least.