You could structure a joint venture agreement but make sure you lay out the following: - Purpose of the Venture- Contributions- Ownership and Profit Sharing- Decision-Making- Management- Duration and Termination- Liability and Risk Allocation

And to manage 10 homes with a 9-5 is a PITA even with a management company.

I would send your client to a really great architect like Jones Pierce who has the expertise to get their dreams onto paper and properly manage the homebuilder. 

I'm renovating 2 kitchens in a duplex and trying to decide what is the best countertop material.

My PM, Kristy Trentman with Daisy Lane Property Management was there.

Exact is the opposite of the goal...buy in growing areas and add enough value (force appreciation) where precision of execution, management, or valuation is not needed/relevant.

Its hard Trying to decide on a location to invest in.

Louis to PA 2 years ago, we decided to keep our STL house as a rental property, and I was told about this site recently as I work on finding a new tenant. 

I also manage for some folks who buy $100k and rent for $1400 so there are a few ways to make the numbers work.This is a snapshot of Zillow...in the nicer areas you can buy most anywhere since you are sniping the rental-grade properties amongst the owner-occupied prices.

If it's within an HOA, call the HOA's property management company and ask them if they know any of the history of the lot and if they see any constraints to building it and what steps it would take with them to build on it in conformance with their CC&R's.