Also remember you'll need that states equivalent of an "Assignment of Contract " form.

The note equivalent of these type of investments would likely be what I'd gravitate towards, I just don't know enough yet to know the difference between a cracked foundation (hard/impossible fix) and a "turd in the toilet" (easy fix) in the note world, though I have my suspicions ...As to what I'm more curious about, I tend to like working out "in the field" with people more than locking myself in my office and crunching numbers or sorting through paperwork (though I can do both).

ARV (based on comps of equivalent homes within 0.25 miles, back 6 months).2.)

@Shane Rawlings  don't change the locks; you'd be doing an illegal eviction.You need to serve your state/area's equivalent of a "pay or quit notice". 

I know you want to help your Dad, but 50% of profits for the use of cash is the equivalent of a massive interest rate.

If I had a PM it would cost the equivalent of a month's rent plus vacancy.

However, from the lightweight verbiage on their website, I would suspect it to be bound by the same limitations as the Wiesser and Schlage equivalents.

The Multi Family investment can achieve a better gross profit margin than an individual investor (non-MF) equivalent.

If not, then consider that you might own in the equivalent type area in a few years.

On the one hand, I suppose this is the RE equivalent of vertical integration, so it should be efficient.