I find properties on the mls and send them to the agent with the offer price.

This person did not raise any money, they invested around $600,000 into the offering and because they were one of the larger investors were considered a Co-GP because it was a new sponsor and they needed this persons $.

It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.

Come to think of it, though, I can't imagine why they wouldn't let me perform one just to understand how much I can offer.  

What are you offering?

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

The offering would be at 490 units at $1000 unit which allows 49% to be sold to have the preceding benefits to remain in place.

Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else). 

Why would they offer you 5% for 20 years?

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.