If it's a good/great deal based on that math, then you can say it's worth buying.

Featured Agent seems to go against that positive track record.  

@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.

Without a written record of this arrangement, is there a way to claim any compensation for those renovation costs, or would that be difficult to prove in court?

Worth its weight in gold.

I don't want anyone figuring out my net worth, getting mad at me for something stupid, and putting a target on my back.I have a friend that has twice as many rentals as me and he owns most of them in his personal name.

If the returns are so good I would assume they could target higher net worth individuals, and the fact that they cobble together a bunch of beginners $50k investments is a red flag for me.3.

And as Rory points out, subsequent loans require less overall time and effort once you have a track record.

If the lender keeps the property can they offload it for a quick profit or will they be stuck with a project that will cost them more money than what its worth if the deal did come thru.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.