:)To anyone reading this: if you happen to think using other people's money means you don't need any of your own, raising outside money may help you recover your expenses, but you still have MAJOR out of pocket expenses, typically, due before you can raise any money:Earnest deposit: most people raise after you get control of a deal.  

You will have less to invest, but you will spend within your limits.You must maintain control of your finances.

Plus, you'd have no control over the brand, size, or capacity of any of these units.First, I'd want to see quotes from reputable contractors.

It has nothing to do with you.”The Mastery of Love: - “Selfishness, control, & fear will break almost any relationship.

I just fund land flippers that need to control the land .

However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.

(Then you have zero vacancy, your business controls its rent increases, etc.)Rent out the garage to another small company. 

Being in control of the contract, understanding the market you're buying in, and securing the right  price are the foundations of a solid deal.