I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

What type of properties are you looking to add to your portfolio?

I worked with developers and contractors for many years and the best way I saw this type of situation proceed was for the individual to partner with a mass homebuilder - depends on how big the property is - and also partner with a GC to install the infrastructure to the specs of the homebuilder.

It's heavily dependent on the types of properties and the effectiveness your processes and systems.If you don't have systems and processes in place, you may struggle to manage 30 on your own.

Is this different from an arbitrage type deal or are they similar? 

We are an LLC, but I wanted to know what type of reputational hit this will be for us and if this would show on our credit in any way.

There is an exemption for a “crowdfunding” type of retail offering, with limits on how much of their net assets an investor can contribute.  

If so would you be willing to share your experience - how it worked, how long it took, how you decided what type of zoning to ask for, etc.

Just like if you were doing a marketing campaign for any other business type, you have a lead list and now you have to work it and see what you can sell.Yes, its a lot of manual work.

I do see many investors incorporating a similar strategy with new construction builds, heavy rehabs, or in instances where the property was bought far below market value (usually a wholesale type transaction).