I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

You can build the tool yourself but it will take time. 

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

THEN you have to support yourself while you are working on your first deal. 

I will have to make sure I stop in and check it out. 

All that time you spent trying to sue a for-profit real estate investor, you could have been at the gym or reading a book to better yourself.

It's not a Detroit thing.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

That doesn't mean you have to file bankruptcy, but you do need to know there are better solutions than Subject To when in foreclosure.If you sign a deed in lieu, that means you will no longer own the property and will probably never be able to buy it.

Sit down and hash out every detail and put it in writing.