The Project is Pleasant Oaks Limited Partnership. The project consist of:

1.) Buying 3-5 acres of land.

2.) Develop the land. (we are in negoitations now to buy land from a developer and he develop the land at a reduced rate)

3.) Build 18 4-plex homes (72 total residencies).

This will be built in a gated community with walking trails, a commons area, a small playground, etc. We want our community to be family friendly. Our program will be built in Bowling Green, KY, the fastest growing city in Kentucky. Similar projects in Bowling Green are being leased before the project is even completed. This will be a true partnership. Every investor will have contact info for each other, a vote on any major decision, etc. We want to be extremely transparent with our partners. When our partners receive a check it will be accompanied with bank statements showing the partners the revenue for each month. Pleasant Oak Properties will keep 20%, and the investors will own 80%. The 20% Pleasant Oak Properties keeps will cover managing the property, insurance on the property, and upkeep of the property. This is why we call the project "Investor Friendly". Investors get 80% and are not billed for operations. The only exception to this is major situations. For example, our homes will be mostly Hardie and may need to be painted once every 5-6 years to keep the property looking nice. We will have a conference call with all partners to discuss and have a vote. If the partners vote to paint the homes the investors will pay 80% and Pleasant Oak Properties will pay 20%. You will not be billed. We will use the money from that months income to complete the job, and the investors will be paid proportionally (based on the % they own) of whats left over.

We are offering 50 units at $160,000 a unit. Our units will be sold in quarters, halves, or full units. Minimum investment is $40,000. We have a +/- 10% clause in our contract. Basically if we go over our budget you would be responsible for the overage (no more than 10% and you will have a copy of every invoice). If we are under budget you will be refunded the difference based on the % you own.