Overall was a good experience but probably not what an investor would be looking for.

Right now, I am not as interested in investing as I am in helping another investor in order to get some hands-on experience while my wife and I save a little bit more money.

I have experience with minor to medium size rehabs but nothing as extensive as needed here.

What are other options do we have if we don't have piror experience? 

However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.

Eva, thanks for sharing your experience.Does anyone else have recent experience with Jerry's 10k program?

I would recommend talking to many lenders/brokers to see which one has the most experience funding these loan types. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

Does anyone have experience buying properties for cheap from land banks, renovating them, and renting them out/selling them?