Investors in these type deals look for say 12 - 14% annualized return.  

The terms would be quite lucrative for the cash provider, they would be looking at a 30% return on their $$ in 2 years*

It'll be easier to start with a turn-key property, but if you have a good contracting team, a value add will typically offer better returns. 

Not going to give here a lecture on S-corps, but take my word: no benefits, only extra hassle and extra cost, such as preparing another tax return.

For my partner and I, it’s a question of effort vs return.  

You provide an excel sheet with basic information about the companies and they return all the contact info you could want for about $0.15 per lead.I have not been able to find an equivalent for Canada.

Our exchange didn't work out and they returned the proceeds via wire as soon as our 180 days were up.

What happens to the 'comparable value' if the area is uninhabitable or a community that won't return for years? 

Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.

Seems like too much work for too little return UNLESS you own the property, or perhaps have an option to purchase the property allowing you to capture any increase in value.