Any insights or experiences on negotiating with a partner under these circumstances would be highly valuable.I appreciate any guidance or personal experiences you can share as I navigate this crucial phase of my real estate development journey.Yes, I will be hiring a lawyer to help, but I'd like to think of a few ideas before I meet with the lawyers. 

This 1 metric alone will help guide many in finding potentials, look at reproduction cost's than market price properties are trading at.

Well qualified buyer potentially closing on a property in Orange County, CA soon that will be a tear down and a full new build.

Many investors built a large portfolio by using that strategy and repeating it over and over again because of the favorable financing terms.I suggest you think about potentially finding a home where you could rent out a portion of it to renters, maximizing it's potential and for you to save more money for the next one!

My thinking is that if I knock the office walls down and fix the floors and ceilings that suffered water damage then maybe I can begin to market it to a tenant and then potentially give the tenant a blank canvas to work with.

.➡️ Class D: characterized by high crime rates and a very poor neighborhood.To find investment opportunities, begin by identifying potential markets near your current location.

It was a great location and I saw the potential in the house.

Then move to San Diego in a year or two and deal with management and decisions while I'm out-of-state.I think I have a decent grasp on how cap rates will differ between Denver and San Diego and the implications of this on my down payment and cashflow potential. 

Cash flowing areas, landlord friendly states, appreciation potential (I would like to say more in NKY than Cincinnati, just depends where at), etc.

You don't need a Lawyer.