Not to mention you can scale infinitely with a Series LLC.You can also set up an additional traditional LLC on the side to perform your "operations" that would separate the liability for operations from your assets, or properties.

The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.

I was hoping for leads to specific brokerages that actively operate in the investment space.   

As we've scaled operations, we've significantly improved our origination process, from application through closing and repayment.

In terms of ROI typically I try to price it so that i make about 20%-40% of my money back in the form of equity and operating income.

@Joe Villeneuve it seems you are operating in an environment I am moving towards. 

Assume your buddy is going to prison and decide if you can operate without him being there for you. 

The goal is to bring together the brightest minds we know regarding syndication, how to replace your income, self directed IRA, how to crowd fund, and advice from private equity and student family operators with well over $100M in assets (both did this in their lifetime with zero inheritance).

Then if you want another degree of separation, you can then create a side traditional operating company that owns no assets but does all your contracting for you.

Your intention would be from the communication that you had when you bought the property, or your communication with your contractor, or documented in your overall business plan or LLC operating agreements and stuff.