However, a few things you could do: You could talk with them & learn more of their story to figure out why their credit score is low as well as the type of people they are.

If so would you be willing to share your experience - how it worked, how long it took, how you decided what type of zoning to ask for, etc.

So I'm trying to have a "built to sell" type mentality here. 

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

It probably be best as a friends-and-family type loan, but I don’t have anyone around me that is an appropriate lender.If I have to, I can put the funds in myself, but its inconvenient, and would come from investments that would need to be sold, taxed, etc.

In an ideal scenario, it’s possible to complete the process in about three months—especially if the rehab is minor, you have your financing lined up, and the property rents quickly. 

And in regards to getting educated on the the laws, I assume the best route is to link of with an attorney who has experience with these types of transactions?

"I was going reply reference your typing skills and overall spelling ability."

.✅ Do your research to learn what is realistic.Spend time really considering what type of business is going to be the best fit for you based on your experience and how you want to spend your time once you are the owner.

This means that sometimes the insurance will be higher than you would think it would be or need to be but be warned; insurance is a "get what you pay for" type of transaction.