Have also developed a good relationship with bank over last few months.

There is no agent involved.

@Diana NA As other have mentioned, you have to decide how involved you want to be - and there is a range along the active/passive line. 

The contractor I spoke to stated his company has worked on several developments of this size.

The title side has very limited involvement in the deal structuring and documents before closing.

Respond to posts and get involved in the conversations. 

Does not seem like anyting I would get involved with.

HOA is $175 per month.This property is in a great location... located in a large urban park in a historic neighborhood currently undergoing serious gentrification (hundreds of millions in multiple residential/commercial  developments all over the neighborhood, both city and private money).

I personally prefer a legal position involving deeded ownership or secured lien position; however almost any real estate activity can be profitable given the right set of circumstances.

Inventory is still at an all-time low, and we've basically accepted that as the new normal for the past few years - especially due to the fact that there is practically no development in the SFH arena - only for new apartments/condos - and those can barely keep up with the demand.