Hi Folks,This is a Michigan-specific question for weekly Sheriff's sales: What strategies do investors use to protect their purchases during the redemption period? Let's say the bank sets the bid amount on an occupied...

Unlike many I do not believe investing and building wealth is a race.

To answer a few of your questions:I essentially will be the work horse:  Find the the deal, I have all of the contractor connects for any rehabs that need to be done, negotiating the deal, and managing the deal.I do not have any of the money in the deal so how do you structure this?  

You're tired of the 9-5 and the rat race that comes with working for someone else.

I am researching and trying to find out what all needs to be included in a good business plan but decided I would come straight to the horses mouth and get some answers from here as well. 

Sure glad I didn't get the cart before the horse and make the purchase first.

After my first week back at work I realized that doing what I was doing and doing the same thing over and over again I would never escape the rat race and spend more time with my family.

@davidivy,From my understanding, the fair housing act only covers a few select categories, such as race, country of origin, and familial status.

I knew another GP or syndicator as we call them today.. who also went to Dallas and lost the projects.. that was circa early 90s  ergo what we see in Texas is a nice run up post 08 GFC it was not always like that.And not to beat a dead horse.. but any one doing a syndication as a sponsor who thinks they can stand behind their disclosure documents and then lose the project and they will walk away scott free is really really naïve and is a newbie.

Had a guy finish a boat race in Baja (big $$ sponsors, couldn't bail on them), rush to consulate where he had an appointment, sign loan docs, back on boat, sail back to the US, agent waiting at dock w/ his keys...