If you want cash flow you really should be looking at multi-family product.

This could lead to Special Assessments that could range from a temporary monthly increase (i.e. $100 per month) or a one time $1,000 special assessment.

He made everybody sign a very strict agreement that we can not pitch any products or services.

I would think a lot of brokers would be clamoring over you.Perhaps my perspective is skewed living in a place where new agents get about 50 mailings and emails per week from brokerages that are looking to recruit...I guess stronger markets are different.Have you spoken with smaller agencies who have more of a niche...for example, those that specialize in new construction or investors?

. :)I'm happy to tell the whole story once I receive the official letter from the IRS (a couple weeks), but long story short, I moved a large chunk of my retirement funds into a self-directed product offered by a relatively large financial company.

Any special criteria?

For years I had a few builders that specialized in in-filling, sometimes the adjacent lot owner was a good prospect because it increased the options to that owner, sometimes I was able to use the lot as a down payment on something else or able to have that owner use it to buy something else, so if you can get an option for $10 at a good price it's a cheap gamble.

Now it could be a scam, or it could be she's trying to do right by her old friend and do something productive with the cash.

Depending on the chain they have a selected broker handling their growth and searches for them.The restaurant also has a builder that does spec work for them.Not all restaurants have free standing and some only have in line models.You have to see what the product mix is for the area.Example if 20 pizza places are in a 2 mile radius the saturation rate might be to high for a particular restaurant.They look at demographics,price for the land,required easements,traffic flow for time of day whether they are mainly a lunch driven business or dinner.Shape of the parcel for architectural work,flow,and what model of restaurant they can build there.Example a franchise has 3 size models.Data for the area suggest the biggest model.Your parcel would only fit their smallest building.In that case they might see about buying another parcel to increase size or find another location.Chain restaurants usually lease the space so they can free up capital to keep growing locations and their brand.

His product uses false advertising as he promises audio CDs but his product is just downloable content to listen to on your computer.