definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.

As for trusting folks, just ask for their experience and evidence of it.

@James WiseHey guys I have some experience in the space having started funding turn key in Detroit in 2002.I also was on a CA.

The other option is to find a partner with some experience and use that on the loan.

So, I would work to increase your knowledge and experience and really identify a strategy that suits you before moving forward with anything. 2.

Your experience shows! 

If you have experience in any of those three please reach out.

Plus, we always encourage collaboration, so there might be opportunities for you to get hands-on experience while learning from seasoned investors.Check out the details here: https://levinecapital.com/treasure-coast-subto-meetup-in-port-st-lucie/Would love to see you there!

Some flippers I work with just gets a SOW from the contractors and some get inspection every single time.Typically wholesalers won't allow inspection periods so you have to just trust the SOW or your contractor or your experience.

Are your thoughts based on experience and research in this area or based on a gut reaction?