It is just simpler for everyone and students generally do not have a long credit history so it actually helps them establish a bit of credit.

However, when I was getting started, Dolf de Roos put the concept into my head, and it was very helpful for my first couple of purchases.

The model home will be on the market soon, so I'll hopefully get some proof of concept based on how much demand they get from buyers.

I am currently thinking about setting up a local account for each property to keep everything separate and easy to track but I am hoping there might be a simpler way!

It makes everything simpler down the road if the seller needs to sue you for some sort of breach.

It's much simpler if you have another reason.

@Joe Gore Maybe I misunderstand the concept, but my thinking is, home owner does a deed in lieu of foreclosure (no foreclosure headaches, I get the house and his debt is forgiven) and I'll give him $1000 if he leaves the place in decent shape when he leaves.

Like everyone else, I find it to be a very interesting concept.

We're working on re-structuring our new fund concept with a BP debt expert to hopefully be able to take advantage of Realty Mogul's network too.Here is the list I have formulated from various sources over the last month or so:FundriseiFundingRealty MogulRealty SharesRealCrowdCrowdStreetPropertyPeersCrowd MasonPatch Of LandPrimaroSo far I have only checked out Fundrise, Realty Mogul, and iFunding.

Is there a 'term' or 'phrase' that describes that type of agreement that I could search here to learn the concept more in detail?