I've lost friends and family to substance abuse so it seemed like an opportunity to do some good and make money in the process.I negotiated a sweet deal, and was prepared to buy it myself, but a few of my clients expressed interest and I ended up helping two of them form a partnership.

Have a client interested there as well as myself and just wondering how it's going! 

My clients buy from wholesalers all the time.

@Cameron Porter half off of a $30-40K price may not be enough to make a purchase work.We've seen clients quickly get upside down with Land Bank purchases:(So, proceed with caution and hire a great inspector and contractor to go thru the property before you agree to buy it.

Many of these areas also benefit from both rising home values and increasing rents.Ultimately, successful investing comes down to selecting a growing market, a strong neighborhood, and building a reliable team to support you.

I am a firm believer that if someone raises money they should have some sort of experience and also financially have a strong foundation themselves.

Second: cash-flow get's dwarfed by capex over time, so the only equally strong force you can set against capex is appreciation.

@Alec JacobsI often recommend Relay to my clients.

💼🤝How do you ensure strong communication in your partnerships?

Plus by going with you, they won't have the benefit of an agent's errors and omissions insurance, the support of their brokerage, and the experience an agent has in protecting their clients from everything that can go wrong in real estate transactions.