PS this is how I became a home builder in the first place I had funded a GC who controlled the payments and of course in the GFC he did not pay..

I know if it were in the US I would explore a seller financed deal where we write a 15 year note for the property so that we essentially pay our cousins in monthly installments and take over control of the property.

The initial area I will focus on is in NE FL and has the following: - Population: 81K - Median HH Income: $109K - Median Age: 45 - # of HH's: 32,958 I'd like to keep my area smaller in the beginning so I can better controll marketing expenses, while avoiding spreading them too thin. 

.🔹 Step 3 & 4: Foundation & Pest Control (If Needed)Not every house needs foundation work, but if the floors feel like a funhouse or there are termites throwing a party, handle it now.

There are risks too, when buying condemned and burned-out houses because you may not be able to control the environment where these properties exist.

Control of overall project staying diligent.

It allows for passive returns with increased control and diversification.

A renovation company that has already completed over 350 renovations for us will quickly do whatever touchups/repairs are necessary so we can get the property back on the market.Use electronics to control access and reduce turnover time.

I personally like his #3 approach of treating this as two separate transactions because you are maintaining control. 

Lease Options let you control properties without owning them.