The fideicomiso or bank trust, whereby the title is in the name of the bank but they don't lease the property to you; you're the owner for all intents and purposes.

They're converted, then pooled into REMIC mortgage trusts, which grants certain tax advantages under Title 26 of the U.S.

This means you need to pad your rehab costs, make sure you have trusted service providers that do great work, and when you run comps be sure to bring them down a bit and see if the deal still makes sense. 

You could also try looking up money judgements filed against local businesses at the magistrate level and target them with direct mail or driving for dollars. 

@Brenden Stadelman I would talk to seasoned investors that you trust and see who they have had success with.

Apparently the water level in the bowls alone are too low.... and so the poo sticks to the porcelain instead of hitting water, and doesn’t flush away.

For example, you might agree to a 70/30 or 60/40 split, depending on his level of involvement.

This diversity provides a certain level of stability to the job market.Population Trends: The population has seen modest growth in the last decade.

The entry level point for STR's has risen to the $4-500k range with many now pushing $750-850-$1M+ and I would expect that to continue to increase.

Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!