This is a larger city though and that may not be an option in smaller communities with a less diverse tenant pool. 

@Mike StadelThere's two ways to do it depending on the renovations necessary:- If it's a short term deal, the investors can wire the full amount to the title company, who then cuts any excess checks made out to both parties.- If it's a longer term deal the investors could wire a portion of the capital (enough to acquire) to the title company to acquire the property.

In short, my long-term plan is to begin investing in SFH (much lower barriers to entry) or small MFH (Duplex, TriPlex, Etc) to raise capital and build my resume with the goal in mind of getting into larger MFH/Commercial properties as quickly as I can. 

My wants are a 10-15 door unit in the 750-900k price range but would consider something larger if it was a good opportunity.

Investment Info:Single-family residence fix & flip investment in Long Beach.Check out this before and after picture of this fully renovated condo in Long Beach, CA.Lessons learned?

You can view our ratings as well or check out or testimonials section of our website to get a sense for the experience we've provided for our borrowers.We finance 100% of the closing costs, we set aside a 6-month interest reserve so that you're not making interest payments the first 6 months, we finance 100% of your rehab/renovation budget, and we can close as quick as 5 days (we've even done it in 3).

The investor who bought it ultimately made about 150K, but had to hold the renovated property for almost 8 years

Franchise agreements need to be studied carefully - often times they dictate when you renovate and how much you spend. 

Trust me I’m all for tackling a tough project and remaining optimistic, but I would reconsider your renovation costs on this one.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.