I did have to come up with the Earnest Money, and pay for a home inspection and things of that nature, but costs were minimal.

I also used WholesalersToolbox.com for a general idea of scripts and things of that nature.

That’s natural - it’s human nature.

Stephanie: naturally, a party who is putting up ALL of the cash ($625,000 in this case) would not be happy with a less than 1/5 interest of the deal. 

Collecting coins seems to be the largest barrier to increasing the passive nature of the biz.

It was good but we decided not to do the 35k coach program for now and just keep working and learning from some local groups and on acquiring a couple deals before looking back into the program or something of the same nature..

Due to the nature of the business, I found it extremely difficult to get a SBA loan for it. 

Just by nature of having to source new deals on your own requires a tremendous amount of work.

It could also potentially be an interesting second home option if you set it out in a little more secluded area away from the city where people could have a little space and access to nature etc..I would be interested to hear if anyone has come up with a model for something like this that could be profitable.

One of the first 3 rules of real estate investing is always buy for cash flow never for natural appreciation.