What would framework of that agreement look like?

I do have clear objectives around building durable, well-underwritten investments, but I'm intending to get the framework and decision criteria right before setting specific unit count targets or timelines. 

That determines 90 percent of the play here.Here’s the step-by-step framework I use when evaluating these in-between parcels:1.

That broader framework is something I’m actively working to understand and implement.

Having that framework first makes everything else (neighborhoods, properties, etc.) much easier to evaluate and execute successfully.Once you have that in place, everything else falls into place more smoothly, and you can make confident decisions as you take your first real steps in Tampa.Best of luck to you!

I don’t disagree with the math, and I think your framework is directionally correct when the goal is maximizing returns on deployed capital.Where I think we may be talking past each other is that I’m not making the case that unleveraged real estate outperforms the S&P on a pure return basis.

Looking to create a general framework for evaluating deals.

Having experience on the lending side, exposure to crowdfunding, and even brief hands on property management gives you a solid framework, even if you have not yet owned a deal directly.Your instinct about time constraints is an important one.

I plan to read "The House Flipping Framework" by James Dainard to gain a better insight into what flippers are looking for.

This is one of those areas where there isn’t a universal rule, but there is a framework that keeps you profitable without creating unnecessary turnover.A few principles I use:1.