And I'm thinking this is one way to make it attractive for a seller to carry the note.

I know Capterra has a list of options, but I suspect they are designed for large operations.  

I provide reports to my owners whether I am only leasing, or full time managing, so they can know what properties are attractive to buy, at least from a rental market standpoint.

I like cosmetic rehabs as they are easy wins and a great way to gain experience and understand designs and rehab costs. 

However I do not have an eye for designing or decorating.

Even in very exacting jobs (e.g. space craft design), where even a small mistake is literally a mission critical life & death issue, they use 'rules' to avoid over-engineering (or to use another phrase 'analysis paralysis').The 'rules' for real estate investing are not intended to be exact or fully comprehensive.

Hello,Like many on the forum, I'd always found the idea of RE investment attractive, I just didn't know where to start.  

To help attract partners you may want to have an idea of how you would structure the above deal and what your needs are.

Buying land and constructing looks to be attractive play to me . if real estate corrects by 15-20% then all i am losing is the 15% profit margin assuming i have assessed things accurately . 

This is considered the biggest attraction in town.