Initially, we were thinking to make an LLC.

The initial tenant issue was settled at $700 and change, which I paid.

If it's a wholesale deal then once you find the end buyer, their funds would cover the initial deposit.

Eichholtz’s initial research showed that real housing prices (corrected for consumer price inflation) gradually changed over time, but were fairly equal in 1973 compared to prices in 1628."

I don't particularly want to sell my share of this property as it has appreciated quite a bit since we've initially invested and I'm hoping I can eventually get him moved out to turn it into a full-time rental property. 

Investors buy shares and earn returns through dividends and potential stock price appreciation.You typically can’t lose more than your initial investment with publicly traded REITs.

Land Acquisition and Initial Costs - How do you determine if a land parcel is worth its asking price?

I get the fact that they want to be compensated for generating the initial inquiry however, wouldn’t they just charge the standard 5% rate?  

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

This land was from my initial protege.