You may find a good deal on a property in such a location, but once the excitement of the deal wears off,  you will begin to have postpartum buyer's remorse and the neighborhood seems now upon later reflection only disturb your visual and emotional senses .  2) Neighborhood lawn maintence and upkeep.

There are obviously less considerations in a vacant land transaction than that with an improved parcel of land, but you still need to ensure that the material terms/conditions reflect your wishes. 

However, coming up with a new percentage reflecting services rendered seems a bit arbitrary.

Some lenders will lend on it, others will not, and so you'll have a market value that reflects this limitation because it will limit the buyers that will purchase your property.

I'm not saying this has any reflection on you or what you are wanting, Zachary, but that is usually the perception from the agent's point of view.Since this is true, many of us investors obtained our own license so that we aren't relying on others and can 'waste' our own time using the real estate tools first hand to help ourselves and others. 

If purchasing under tenants-in-common, make sure to reflect the Solo 401k plan’s purchase portion separately.

My lease, landlord tenant regulations and my business policies, which reflect those regulations, have already made all my decisions in advance. 

The chart of accounts will expand to reflect the common, and occasional, transactions that happen with a real estate business.  

@Daniel Rudio As other have pointed out, the banker is trying to season the private loan so that its not reflected on the loan.

I should have mentioned that you should amend your Operating Agreement to reflect the change in ownership as well.