In anticipation of this call, I was wondering if anyone had experience with Memphis Invest, whether positive or negative, that they would be willing to share. 

Have an agreement about how to split the escrowed funds if someone redeems before anticipated.

My plan was to rent for a few years with an exit strategy to sell at $100/sf in 3-5yrs so this changes my anticipated gain from $50 down to $25.  

The lender pays them with your money instead of you paying them yourself.escrow analysisOnce each year your lender will perform an "escrow analysis" to make sure they are collecting the correct amount of money for the anticipated expenditures.escrow disbursementsThe use of escrow funds to pay real estate taxes, hazard insurance, mortgage insurance, and other property expenses as they become due.estateThe ownership interest of an individual in real property.

@Kelsey Folger is the $200,000 anticipated selling price based on the home in its current condition or after being renovated?  

Where if the project goes longer than anticipated you will be paying a high interest rate for a longer period of time due to using a hard money lender.Hard money lenders look at your track record and want to understand your experience level.

@Michael PearseThanks for your response I fully anticipated needing to make 20 to 40 offers prior to an accepted one, but shocked how over the top these other investors were vs my offer.

And then you have an Operations LLC - a shell LLC that is the public facing entity, doing all the interactions with tenants, contractors, leasing, hiring, management, etc. with no assets and very little funds beyond whats required for proper capitalization and operations.That's the basic idea, but things get complicated from there due to the partnership, financing, commingling, etc - which is your current situation.

What do you anticipate for future repairs/capital expenditures? 

And without my interaction my dividends are reinvested without a breath.