I guess you could extend this model to the leasing/tenant mgmt side as well, but that gets more involved with needing agent's license, knowing housing law ins/outs, etc.

You are definitely doing the right thing by getting involved with other agents and investors "on the ground" so to speak.

I guess I am letting my emotions get involved because that is exactly how I feel.

Aside from that, you will not want to get involved in any kind of negative reporting as it could end up hurting you instead.

However, the IRS can follow a paper trail and see what they intended to do – and that would involve engaging in a transaction with a prohibited party.

Anyone ever get involved with any capital advisory service from a fundraising standpoint?

Next you either wholesale it which involves marketing, finding buyers, closing...all while trying to make a modest profit.Or you could rehab and resell it which involves properly setting your budget, knowing the market to determine exact repairs/finishes to make, lining up contractors, managing your budget, managing your contractors, managing your schedule to minimize your holding costs, finding an end buyer, with 100+ other tasks mixed in.Your comment about planning is dead on.

There will be some costs involved, but it gives you the best protection.

I want the owner to let me wrap it with another loan with, let say a 5 years balloon.How much Down should I offer to make it fair for the three parties involved?

There are extra costs involved in both, but in my opinion for a tenant who does not have cash or cheque on hand in full amount, having that option to put it on their credit card is useful.