My parents have been wanting to break into some sort of commercial real estate investment but they now have to use their capital elsewhere. Well, I devised several intricate business plans all with very acceptable ROIs and Cap Rates, etc. 

A parent of an old high school friend of mine caught word of all of this and is offering to put up the capital and try out my first plan.  

How do I go about this exactly? Boundaries needed where? 

I am in a unique position because the investments will really only work if certain tracts of land were acquired and family wants to sell but nothing I’ve mentioned has any listing agreement yet, so all off-market word of mouth information. 

My work background would very well compliment me if I were to be the one to apply and execute my plans, guess I could be a sort of GP if that were called for? 

Thank you. Yes, I have big picture visions.