That’s the long “hail Mary” scenario.

It took a little while, but when it popped up on the MLS I was well-prepared to submit an offer and even in a multi-offer scenario I was able to make my offer stand out (happy to go into how we did that if that'd be helpful)

I will give some example numbers, and please let me know what you all think.Perfect scenario example :Buy a property for 80k, put 25k into rehab, and it appraises for 150k.

this is very common.. 

Heard many flipping disaster stories and want to learn how to avoid the most common pitfalls?

This is a common term used for someone whose primary role in the partnership is to secure the loan, commonly through their financial wherewithal of their net worth and liquid capital.

Common rookie mistakes can impact your property value, income, time, and sanity.

And even IF there are violations leading to enforcement, the most common type of enforcement action in these violations is that the accused doesn’t admit to any wrongdoing but agrees to never do it again, LOL.  

Highly unlikely except in a probate or estate type of scenario.

You would have to create an HOA to manage the common area and keep control of that or create a self-managing HOA for the four owners to manage together.