When you divide the number of these stories by the total number of stays, you are probably talking a fraction of a percent. 

Fractional investing isn’t a novel invention.

It's easy to get caught up in fractions of a percentage difference between various cities.

For these tenants Section 8 only pays a fraction of the total rent.

Now if it was a 4 year old carpet and the carpet life span is 10 years, you can only charge a fraction of the actual cost (60^). 

I would not want to be 'betting' my investments on a somewhat shaky sketchy plan.Just think if us small private US and Wisconsin based businesses would get even a FRACTION of what this is costing per job?

So you would have them your money, to hand it to someone else, who then invests - that is a bad structure and a terrible business model A better way, if anyone wishes to set up such a fund is to issue the loans then Sell the fractions of the loan based on a specified returns When amateurs get into any type of investing, they are bound to either lose money because it is a bad deal or just get lucky without even understanding what they did!

This is all why I won't do any more deals where the on ground guy is charging fixed fees - I want him to have skin in the game, ideally putting some small amount of the actual equity into the deal, or at very least having most of his compensation depend on achieving the (long-term) results that I am trying to achieve as an investor- the next logical extension to this is a fund structure where you as an investor hold fractional ownership in a larger number of homes rather than sole ownership of a smaller number of homes.

What is more important are the assets that are vested in the name of the decedent either individually or occassiobally as tenants in common where the estate consists of a fractional interest in real property.Although every state is different, it's likely that an inventory will be in the probate case file listing all properties.

@David Oldenburg  yes I am CA broker as well and I used my brokers license to run my HML company in Oakland circa 1987 to 1992  :)  and yes we did fractionalized TDs every day of the week... with no worries of security laws..