Gator method is about partnering (usually with wholesalers) and bringing the Ernest money.

Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping. 

I cannot tell from your description what either of you would be bringing  to the partnership. 

because I was paying my bird-dogs vs having them pay me and just promise how someday, maybe just maybe they will bring the grand-slam of a deal and then I will be paying them oh-so much $$$$$ Seriously, from those buying into this I gotta understand how your mind works, no insult meant, I am genuinely intrigued and baffled because if it's a good deal you can go to any number of investors and get $, not a one will charge you for the opportunity to present them deal. 

@Drew Sygit brings some good insight into the possible pitfalls.

We have been working in the affordable housing space for some time, and this allowed us to partner with the local community and provide a housing solution they need as their city continues to expand with new jobs they are successfully bringing to town.

Just be ready and treat matters guests bring up etc urgently and you will do great. 

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

That alone brings you to negative cash-flow and that is even without accounting for any municipal utilities.

Its current projections are to bring in between 150k and 180k with estimated costs of 60k.