If you still are thinking about it, do a complete background check, verify employer, past 2 landlords (the last one might lie to get rid of them) , pull their court cases in your local jurisdiction, look at the interior of their car, take a photo of their ID, etc...

My partner and I need about $1.6MM to complete the build out of roads and infrastructure (engineering is complete). 

During the payment period, how can I ensure and guarantee that the land is clear and will transfer to me once balance is complete?

He has now proposed to complete the renovation of my multi-family in exchange for ownership of the other property.

It is completely unacceptable for him to not transfer the rent money that he has collected.

There are also other issues: in our country I heard many situations where people renting the RE, completely destroyed it and either owners or loan takers had to pay on their own to fix it.4.

When flip is complete need to wipe out all property asset accounts to cost of property sold with a journal entry after putting in your closing statement entries.

@Eric DavenportI have completed 4 BRRRR deals so far.  

Let's assume in 10 years, via accelerated debt payments, we completely pay off all of the mortgages and, ignoring appreciation, leaves us with $2m in assets.

With that said, commercial loans can be easier to obtain and will sometimes be a better fit for your projects (as-complete rehab loans, etc).And just curious....how many random colleague requests and forum mentions do you get here with that name?