They have a payments 3rd party website, but it's hard to find the link from their main website. 

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

@Al JeciusAre you in City of Flagstaff or Coconino County for zoning purposes?

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

More then willing to share what we have learnt and why these  cities with anyone who wants to chat

Quote from @Jessie Matlock:One of my main questions is, I've been told I'll receive a K1 statement and that my monthly returns will be tax free. 1) Is it true they will be tax free? 

I have been investing mainly in trust deeds but like you got connected with Dave and just recently ended up investing in his fund, my primary reason was for diversification and because it is passive. 

Offer to be the guy that restores the old family property to it's former glory and all....Still it'll be hard to not look greedy because you do want to make money after all.....main thing to me is being super PATIENT.

Than I thought it was all the things that could go wrong in the flip, hidden gems like K&T hidden in the walls, shot main-lines, etc.....