Just to throw some numbers out there,  If it costs about 45K to rehab and rental income should be about $24000 a year.

When you know the buying process, the neighborhood, and how to find the property on your own, and are ready to buy another property: How can you avoid the 2-3% buyer commission portion going to an agent on an MLS listed property, without having to get your license and pay the costs of having a license?

I’ve received some very favorable estimates in cost and timeline for the plans I had created. 

If you start pooling money from people who are not full partners (i.e. have decision making power), you will start to cross into the territory of securities, in which you will be subject to SEC rules.

If the one document you got showed a deposit of $1700, then that is what she's owed (minus any cleaning costs or damage that occurred after you bought it (ie you know she did it). 

Mentor’s virtual assistant processes these letters, and the $12 fee is just to cover the costs.

If your AGI is less than 150k, think about cost segregation.

The plans I am thinking about would be 100% owned by me to give away at no cost.  

Having the bare minimum can be okay but it also puts them in danger if something should cost the HOA and when that account goes to zero or under 10% they generally raise the HOA fee's.

Don't just blindly look at the rate and cost as it may cost you more headache and an appraisal.