I know a lot of people who do it, I would ask what is your exit. for example we have done it when we were doing some renovations and had a line of credit as well that we were going to transfer the cost too.

The cost to get the ADU rent ready and fully permitted was $25,000, most of which was the exterior landscaping.

Appreciation there is low, rents are low, and assuming maintenance as a fixed cost (for example, a hot water heater costs $450 from Lowes in Allentown, $450 from Lowes in Scranton, installation takes the same time, and labor costs aren't all that different), the ROI isn't great.

If the rents end up being taxable in the organization, they'll actually be subject to maximum income tax rates very quickly - much faster than if you just did this personally.There are groups now starting with "socially responsible" investing - effectively a standard partnership/syndicate that is "investing for good" - that would likely be a better structure to avoid 501(c)(3) headaches in a for profit venture.  

The goal is highest rent for lowest investment cost and lowest maintenance.

A lighted inspection camera/borescope costs fifty bucks. 

Some investors have reached out to me asking about STOA and possibly getting together to file a class action lawsuit against them.If you have been effected by STOA's recent changes, and are stuck with contracts that they backed out on, please contact me.

You might win, but it may cost you money to win and hire a lawyer to defend lawsuits. 

What did it cost?

Once you begin to generate leads that fit their recent purchases/want to buy, run the numbers based on the ARV after repair value for after when they develop/fix n flip and subtract cost of build/repair, your assignment fee, and the original cost of the contract.