I expect inventory in my city to grow or stay flat.

Maybe start off with something small and then grow from there.

As the entity grows, your intent is to market that investment as a product to where investors could receive fixed and secured returns.

What I love about it is that for my ROTH IRA, all the rent checks go back into my ROTH growing tax-free.

I think it's possible, but I think a big factor would be getting a fairly quick start and reaching a critical mass of a few million, at which point I think a lot more options would start opening up to make the money grow faster.

Around here the trend is growing into an 'us versus them' mentality -- the hard-working citizen/homeowners versus the evil greedy landlords.

I remember driving past the clock every time I was in the city, when growing up.

However, the motivated people will succeed no matter what, so you might as well be a part of their growth.So the question is, what kind of learning curve should I plan for them to ensure that we're both going to benefit and they dont feel like they're wasting their time, while giving them the room to grow and figure things out on their own?

Buy closing costs: $2000 (orig fee, plus all the other crap that shows up)Insurance: $500Inspection: $300Rehab: $7500Purchase: $92,500Total all-in cost: $102,800Holding cost for six monthsInterest: $3000Second insurance: $500Utilities: $600Taxes: $1500Total hold: $5600Total investment: $108,400Loan: $87,500Cash: $20,900SellPrice: $125,000Commissions: $7500Sell closing costs: $2500Loan payoff: $87,500Sale proceeds: $27,500Less cash investment: $20,900Net profit, pre tax: $6600That's taxable at ordinary rates.Your low money costs help vs. hard money.

wow it is painful to see this thread still growing.