Just put in the time, do due diligence, run the numbers, get a house under contract, find cash buyers, a deal is a deal is a deal for them.

I also put in that I need them to pay the bill to me as I covered it for them.  

I just put 5000 to be conservative but owner states he just put in new hot water heaters, roof is in good condition, the pics of the yard look like it is really well maintained, etc  The detached garage looks old but has a brand new roof on it and has been painted to match the apartment building. 

33K in student loans, about 11k on plastic (wedding/honeymoon/school), plus houseMy experience in real estate is limited to spending time with my grandfather growing up.He had several rental houses and would always be working on them.As I grew up and paid more attention to the business side of his work I realized that he was working just to stay busy and not working to create more income.His end goal was always to create more income but he was always distracted by the job of remodeling and updating.He has been my mentor and main father figure for years but now it is time I “upgrade” to someone capable of guiding me in the direction I want to go.I will always love my grandfather but his business sense is not one I need to follow.My goals in real estate are to create a “four hour work week” (gotta love the Tim Ferriss way of life) by a combination of buy and hold and flips.I hope to use this method to create a stable business and then move into apartment complexes.After lurking on this site I have learned about the different rules needed to ensure profit out of each.In my farm area there are many MLS deals that fall into these numbers.Now it is just about raising funds.I would love to find some Sub2 deals.Famous FourFavorite real estate book Never read one.Bigger Pockets Favorite business book Poke the Box by Seth Godin, 4 Hour Work Week by Tim Ferriss, and No More Mondays by Dan Miller Hobbies include working on cars and spending time with friends and family.These are very important to me and I do not get enough time with my desk job with either.What is thing that sets apart successful investors from those that fail Getting back up on the horse after failing and not letting friends and family tell you that being an investor is a stupid idea.

The program so far seems supportive but when I actually start producing leads we'll see how much "work" they actually put in for their 50% of the profits.

I budget 20% of the amount of money I put in as profit. 

What kind of disclosures do i need to put in the paperwork letting the end buyer know in writing (i've already verbally told him) that I am not the titled owner and that I just have an option on the property?

Is the proof of funds letter from, say, dohardmoney.com enough to hand to a realtor for them to start helping me find properties and put in offers?

The home has deferred maintenance and I will need to put in at least 1k upfront to fix the porch. 

Welcome to BP, Pete, and sorry I got distracted by the autocorrect error.