More specifically I like the idea of becoming a landlord and having cash flow every month.

At my age, I have no problem been well leveraged, as long as I have money in the bank and cahflowing properties.

Some lenders require you to own property for a specific period of time before they will lend to you based on a % of the actual appraised value.  

Here was my criteria:  Age of owner(s) 45- 65+, equity 60-100%, Loan origination date 1900-2006, Year built 1990 to present (I heard this in a podcast and went with it). 

The deal analysis that I do for land development is all based on getting a 200% IRR structured in the deal in a 12-month timeline.As far as negotiating JV deals, it is better to very specific.

I would recommend just continuing with your business as you otherwise would, and when you have a couple new deals that those buyers might be interested in, offer it up to them first.But:- I wouldn't look for deals they specifically want, unless they are deals you'd be willing to do otherwise;- I wouldn't customize a house for them unless they were willing to put a large enough deposit down that it would cover having to remove all of their customizations should they not follow through on the purchase;- I would pre-qualify them as you would any other buyer, and not give them any preferential treatment.In other words, go into the deal assuming the worst case -- they will ask you to do a lot of customizations and then back out of the deal. 

Thank you Julie Chenery I will defiantly check that website out.Tim Priebe thank you for the link i will have to check it out.Jim Bowser I defiantly will meet with an attorney and my accountant before I start at this time I am trying to get my marketing strategies lined up and I want to make sure all the names are owned by me so that once I finalize the direction and specific purpose of the company I can roll it all out and I will not have to worry about names not matching.

Congrats on making a lot of equity at a young age on your first condo purchase.

Is there anyone that does know  about this specific area?

Does anyone have experience in a similar situation, specifically creating an MIO plan??