I agree with Chris.

I agree with @John W.. 

Congrats on getting this deal Harsh.First things first, you should be talking to your attorney and your CPA for legal and tax advise on how to best structure your deal according to what you agree with your partners.That being said, the structure of a deal can take many different shapes and forms and it will vary according to the type of involvement the partners will have in the deal.Are you in charge of putting together the deal, securing debt, managing the operations?

I 100% agree with you about BP I've been obsessed for months now.

I know I personally wouldn't want my kids to have easy access to the swamp area and I am sure that most parents would agree.

I totally agree with you on the HOA's, it's definitely one of our main concerns!

Looking for information on what you know about cost as I’m from out of the country...It’s in good shape from 1977 but needs to be reframed insulated and dry walled and then new electrical because right now the whole thing is exposed brick.  

I totally agree I need to be more upfront from the start.

I'm currently live out the area but I am looking to build a portfolio down in the Low Country over the next few years and then leave my current job and focus on Real Estate Investing full time.  

I agree with Tom, any fees before closing is extremely suspicious (other than appraisals or inspections or what not).