The best thing is to simply talk to him about your ideas and I am sure he will work with you to adjust his contract accordingly.   

Your lack of knowledge about the property management industry is truly astonishing.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the BP Podcasts, #askbp Podcasts, BP blogs and BP webinars.

I have been involved in residential mold extraction for nothing other than pure lack of HVAC use.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the BP Podcasts, #askbp Podcasts, blogs and webinars.

Simply be sure you have a few exit strategies and run some worst case scenarios to mitigate your risk.

I have read the ABCs of REI and Commercial real estate for Dummies and they are both very informative books that teach all of the numbers but lack market research techniques and raising capital for the down payment. 

Usually if land isn't selling it's not for lack of developers, but property that is overpriced. 

We own our own stuff directly, and thus can simply ride out long down cycles (as long as we are not over-leveraged) and continue to collect the rent.These syndication deals which have expiration dates seem inherently risky to me - I guess you got free equity for putting the deal together so there's no downside for yourself.

Never simply look at a credit SCORE, but make sure you look at the whole REPORT.