Corp of engineers, DNR, Soil/Water boards/City-County Engineer- you will need to file with one of these possibly. 

Possible inflation on home value4.

It's a balance of cashflow and wealth accumulation.One of the goals is to have tenants pay as much of your cost-of-ownership as possible (loans, taxes, insurance, etc.)In high-cost areas, any Class A or B property you buy will usually negative cashflow for the first 3-5 years, until rents rise enough to cover the negative cashflow + rising taxes & insurance.Investing OOS increases your risks because you may not know the market and you can't check on everything/everyone all the time.If you move forward with your buddies, HIGHLY recommend creating a solid Partnership Agreement!

@Chloe Salcedo why aren't you focused on working with your sibling and learning as much from them as possible?

Although we try to limit our Hard Money as much as possible due to the cost.

If you have no idea what is going on with this capital call, then the bias should be "no" until you understand what is going on and believe that is the best possible use of your hard earned cash. 

That level of diligence isn't possible with human effort or even traditional data processing techniques.I would like to expand to investors in the future but this technology is very new. got it also commerical Brokers I suspect would be a target for you.. 

Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee? 

So I'm wondering how this works in practice.Another big question on running these properties with a management group would it be maybe possible to make the properties look better to a lender? 

I want to structure this as concise as possible.