Personal money How did you add value to the deal?

Personally, I wouldn't open up a home that isn't in good repair, from a liability standpoint if nothing else.

Told them to do a drive by and call me back with an offer :)The person who called you probably just spent $15,000 for mentoring and “education”, and is now in panic that his 250 cold calls have not produced anything .  

He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.

There are many here in my local area and your area is likely to have the same type of meetings.Most of the deals that I fund are by meeting investors in person at these groups and creating strong relationships. 

In 2021, my company earned just under $1,000,000 in net revenue and I personally pocketed about $325,000.

HI ReetiI would 100% recommend contacting local professionals in your chosen markets. 

If you need more to do the rehab, perhaps instead of partnering, you could get your former boss to do a personal loan. 

I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!

I inherited a partnership in a 22 unit commercial building with 8 restaurants, a grocery store, a couple of personal care services, and various other businesses.