So Robstown is actually growing especially since the Tesla factory is going over there so if you’re gonna keep it as a rental that’s pretty good if you’re going to wholesale it, it may be a little more difficult but I do know some wholesalers that work between San Antonio and corpus # if you’d like for me to put you in touch with them.

If the base zoning is RSA5, single family is the allowed use & lot area is not relevant. 

Based on your self-description  I assumed you were an investor, and I corrected the information you posted.

Setting up a US based entity is your first step, you are already doing that it seems. 

I know he has been looking for some networking in Richmond.We have a Chicago-based GC-tech (general contracting technology) company but expanding into Richmond.

You should definitely ask what he/she meant and if it's a suggestion or requirement based on the amount of properties.

That being said, your allocation to net worth/PFS should be calculated based on shares you own in the deal.

Maybe because at the end of the year based on your earned income you can right off depreciation and other tax benefits that saves you $25K?

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

(we're no longer in touch or else I'd introduce you) He'd get all the water, sewer, and electrical lined in, do all of the streets and frontage, then sell the project to a track builder to handle the rest.