It does seem kind of fishy for a coach to lack that knowledge. 

Also pretty certain you have to have the proper licensing in most area to do this kind of lease structure legally...

If the tenant is kind of bad, then maybe a little to that. 

Hey @Sejin Kim calling out to @Shawn McCormick who knows a ton about that area.From what I understand, a place like that is a loser when it comes to making any kind of profit.

How does anyone find a way out of the scourge of renting with these kinds of business practices by landlords? 

And in your market the lot costs are so low you need to pay cash for them and may still need more equity/cash.. in higher priced markets were the lot cost might be 40 to 50% of the total cost to build you can get a land advance but your still going to need equity/cash to do those as well.so thats your mission find a captial partner.. or put a syndication together to raise the money and partner to build out the homes.. really going to depend on what kind fo NET NET NET profit is on each home after land a build costs. 

Unfortunately inspectors can’t always catch those unless there are multiple signs pointing to some kind of leak or water intrusion throughout a home. 

not excatly sure what Chris is referring to.. but I have done Many participation DT/Mortgage and prom Note over the years with small developers and builders .. your kind of doing the same thing..

He sounds like he may be that kind of guy. 

I truly appreciate your kind words!