Betting on future price appreciation and equity growth is just that "betting". 

But choosing a head not to be on one or two may turn out to be the one that gives you activity

If these groups are significant, it suggests there’s pent-up demand that could enter the market when one of two things happen:Rates Drop - Rates fall to levels that allow more buyers to qualify for the homes they want.Buyer Expectations Shift - Buyers realize that 5% rates aren’t coming back soon and decide to move forward.Based on the increase in activity I saw in Sept and Oct in my business, when rates hit low 6s, I'd say my market has plenty of pent-up demand. 

My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

Exploring AZ, TX, OH, and FL makes a lot of sense—those markets are active, and Florida, in particular, could offer unique opportunities with properties affected by recent hurricanes.

I am betting you didn't put this (or the other ones) home on the market to then become the bank for someone who only has a couple thousand down and no credit instead of selling to a verified buyer, right?

I was strongly considering joining before I read this, now I am going to go the hard route, but probably best to just stay active on here and go the extra effort to network with accomplished developers in my area.

I have property here in San Antonio as an active duty member as well and there are over 10k properties listed for rent in the city.

I would be prepared to file for eviction etc. if they are 1 day late on payment, but would not actively be working to get them out if there is not a blatant current violation of the lease agreement.