Kind of just an open ended question for the members out there 

What kind of monthly fees or deposits do you charge?

Now you can always remember your dad kindly and with gratitude that he didn't name you "Michael."

and if so, what kind of hurdles should I account for in planning my strategy?

My question is, what kinds of things should I look to improve, and how do you stop yourself from going further?

I understand that your wife may be worried about failure, but any kind of investment comes with a chance of failure so the risks must be understood prior to jumping in and the fear must be overcome with the confidence of being successful.Since you're starting funds are $0, a HELOC can be a great tool for getting started, but ultimately you will need some kind of funds of your own because you must pay the HELOC each month during the flip.

@Ericka Grant I would love your realtors number if you would be kind enough to share😊

It's a relative, well an In-Law for me, who wants in...they have nothing...this would be like, be their shot out of minimum wage forever kind of stuff.

You might get more since it has some kind of barn on it.3.)

Good job being open to this kind of experience so early.