That's the tough part though isn't it?.

Coincidently I was on the exact same Course's website just about to hit the purchase button when I decided to go to BP to see if there were any references for the course material and found his post.  

Alison Lewis sorry you're going through tough times.

My view is that in order to really make this work, there is a minimum fixed cost of involvement (in terms of time and education) but it scales well, so it's efficient to do this in scale.However, in doing that analysis, it's hard to project what profitable deals will look like if interest rates are materially higher than they are today.

REO can be tough.

Want a good W/P tub, you can find used ones too, no one will know.Financing will be tough, so I suggest you live with it, get it done as you can afford it and have it paid for!

They still pay rent each month but get the option to buy at this price no matter what happens in the market.It sounds like you may be willing to finance the purchase long term which is tough to do.

Between the zoning issues and the occupancy limits, and an ongoing short term rental battle, finding the right property might be tough.

They also have a specification sheet that will say what materials I need to install.

So, if I understand, you are buying the property, paying for material and labor and then marketing and selling the property and your partner is managing the renovations.