Managing on your own can be good for your bottom line but you have to factor in the time commitment. 

Before committing, conduct due diligence, seek independent financial advice, consult with legal experts, and have open conversations with your friend about expectations and potential conflicts.

We just got a similar call...has anyone committed to them?

For some people, buying is not a financial option; others may just not want to be committed to a mortgage.

@John McConnell I've been thinking about it for a couple of years but never really moved due to my job commitments.  

But, being committed to my family and financial freedom fueled my “Why”.

Remember that like most of these sites, the data may be stale.It depends on the seller whether they want no financing contingencies or if they're flexible.It depends on whether you can get the info a lender would need to go in to closing with a loan commitment.

I don't have the time to commit in studying the case law tonight but I can see how one would orchestrate an 11 year rental with the intent to flip. 

I personally have 2 years left on my commitment.

Invest in yourself and commit!