I provide my application and screening criteria on my website so applicants can look for themselves before spending any money.

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Quote from @Jonah Hartsburg: @James Martin - Have you considered working with a dedicated virtual assistant who can learn your processes and provide general admin support?  

And given my charges he stands to make about 60% of the of the net profit and I will make the remainder for providing 100% financing for him.. so 100k to 120k for him with maybe 10k out of his pocket. this is just one of about 20 I fund for him per year young guy making bank with a capital partner like me..

Can you please provide some context on which project you participated in?

We’re still waiting for next steps on that one re: borrower repayment or foreclosure. what type of returns do they provide to investors?

Yes, an investor agent, an experienced rehab contractor and a very experienced private HML that is also an investor, all of which provided invaluable guidance.

There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.

With this model, you would be providing the power, water and access to cable or internet included in the lot rent.

And to top it off, the letter stated 'with capital up to $300,000' and found out from the SOW we provided to them for $65,000 in rehab fees, they were only giving us $40,000.