Thanks again to everyone who contributed to this post.  

They don't mind putting up more cash up-front relative to my contribution while remaining equitable partners.With the context out of the way and getting to some actual questions...- The thought is that the property would be under my name.

And I plan to train our current staff on deal analysis and deal finding so that they can also contribute and learn that side of the business! 

I make a modest income from my job and have been able to max out both 401k and Roth IRA contributions for the past two years.

The next time a developer comes along, you should know all about FSR's/land value and the cost of PSF for development and the sale price of new development PSF/ Community Amenity Contribution (CAC)  Then you will have a good idea of how much your land is worth to a developer. 

Real estate is basically a 3 legged table: time to work, money to invest and knowledge to contribute.

This area and market is seeing quite a push, because of low inventory and majority of the buyers going above the list by $15K-$35K, along with waiving inspection and appraisals.So wanted to ask a few questions in terms of scoring a deal:1-Going in with list price and waiving inspection, as long as list price is meaningful and comparative to other comps? 

The K-1 generated from the partnership will report the income, contribution, distribution, and all tax-related matters. 

That was great news, but there’s still plenty of economic damage the pandemic can cause between now and when a vaccine is distributed to a meaningful proportion of our population.

My company offers a 401k matching program of 25% of my contribution up to a maximum of 10% of my salary.