My long term goal is to develop a large portfolio of rental properties for a passive income retirement so I can travel the world for the last 1/3 of my life.

I'm not looking to develop a long term relationship with this hard money lender.

One principal purpose of the accredited investor concept is to identify persons who can bear the economic risk of investing in these unregistered securities.Unlike offerings registered with the SEC in which certain information is required to be disclosed, companies and private funds, such as a hedge fund or venture capital fund, engaging in these exempt offerings do not have to make prescribed disclosures to accredited investors.

Here are the key questions to think through before you get it going:1) what do you want to buy2) how much can we afford3) how will you pay for it 3) what are you going to do with it afterHere is how we tackled this challenge:1) Find a reputable and responsive agent to work with: we worked with @Sharon Tzib2) Get pre-qualified with a good and local lender that work with investors: we usedd Rochelle Frazeur from New American. 3) Use some good MLS criteria to set up lists with your agent3) Find out how to identify a good deal: We got our hands on some good cash flow analysis calculators (thanks to @Sharon Tzib) and we used the calculators on BP as well4) Make neighborhood visits to those areas of your interest5) Find other venues to meet up with other investors or go to workshops and meet up's: We've attended BP meet up in Houston, events with Jet Lending, meeting with Wholesalers, and we've met one-on-one with other investors6) Look for non-MLS sources to find properties for sale: wholesalers, and local listing through Rich club or word of the mouth7) Talk to the property manager if you are planning on using on.

I apply a strong analytical approach and enjoy developing relationships, assisting in any capacity.  

Thus, they are presumably able to assess and identify money laundering risks and fraud.

If I were you, I would take into consideration the cautions that have been identified in this post, especially as an out of town investor.

What are you all seeing builders or developers pay per unit for raw land?  

Any advice on lenders would be much appreciated. sorry for my lack of experience posting but i'm learning:) Thanks Kyle8181 Wickson Ridge Commercial rental2 - Metal Buildings approx 8400 sqft Each8 - Units approx 2100 sqft each.50-.75 per sqft of rents ($1200.00 per unit)Costs For building (based off my High Quotes) - $100,000.00Parking lot - $50,000.00Septic System - $15,000.00Electrical - $20,000.00Metal Building - $100,000 Delivered ($50,000.00 Each)Concrete and flat work - $128,000.00Land - $36,550.00Install Building - $10,000.00Concrete Water Drainage - $36,000.00 (optional has to be approved by developer and neighbor)Unseen cost - $20,000.00Total$415,550.00Rents per month$9,600.00ARV with typical cap rate(10%)is $860,000Loan Payment with tax and insurance$3,000-$3,600

I'm a web and mobile developer, and looking to become a real estate investor in my free time.