I am struggling on how to best structure the ownership arrangement as I am taking on the vast majority of the risk. 

If not you need to increase CapEx to cover potential major repairs.  

The classic FICO credit score is produced from software developed by Fair Isaac Corporation and is available from the three major credit repositories.

I am thinking about the actual breakdown for each major category.   

I am struggling with how to best structure the ownership arrangement as I am taking on the vast majority of the risk.

However; it may be difficult to get the local planning and building departments to allow them, so before investing do your due diligence.

I look for major cracks on the outside walls and wood rot by the roof.

Once I am giving a Price Notice, and make the payment to the Alabama Department of Revenue Property Tax Division and received my Tax Deed for some property, more specifically a vacant lot in a now built up subdivision, can I sell to an investor or another individual whom wishes to build their own home on the lot.

Are there any major repairs that need to be done that you can think of?

If you are not a STEM major or you have a lower income earning potential, then you have to be even more careful as you do not have a lot of room for error.