They’re places that rank higher on cash flow but come with a lot more headaches.

You'll want to explore this with your accountant and see what side of the fence they are.What is more a concern to me is your plan to let the property sit for a couple of years and then move in. 

Ownership and profit-sharing can be split based on contributions, with you possibly earning equity through sweat equity.

Anyone have experience with this? 

If you are a DST investor with Crew Enterprises a.k.a Versity Investments a.k.a NB Capital with suspended monthly distributions please PM me.

I love this site and all the professionals that give away free advice with no strings attached.

Hey @David Cherkowsky so get with the city and get all the regs but mostly find out about what is required for a basement dwelling.

@Anade DavisHi Anade, You’re on the right track with reaching out to your survey and engineering company—they often have strong connections to local contractors.

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

It makes less and less sense in a market with low inventory and high interest rates.