I am going to do a walk-through on a FSOB 3 story triplex (3beds, 1 bath per floor) that is within walking distance of a major college.

Since it would be completely funded by them they would get 80% as I would only take 20% of any net profit whether it is lump or monthly.

They have now learned that the home is in disrepair and needs major renovation to make it livable.

Since it would be completely funded by them they would get 80% as I would only take 20% of any net profit whether it is lump or monthly.Any suggestions?

Please find below profit and loss from the owner.

But if you go that route, then you are negating so much of what makes investing in real estate profitable, and at that rate, why not just invest in some high dividend energy stocks and be done with it? 

You can let people know you pay for referrals too.Since you don't have deals you can work with other wholesalers who don't have a good cash buyers list and sell their peoperties and split the profits if the will agree to this.

I wondered why the City of South Bend would hire an out of town company for the study until I looked at their national client list which includes over 450 reports for builders, developers, cities, non-profits, planners, investors, lenders, small companies and development subsidiaries of several Fortune 100 companies.You can read the report here https://www.southbendin.gov/sites/default/files/fi...The report is mainly about the residential market potential of downtown South Bend but the gist of it as it relates to your question is that on page 5 it states that approximately 60% of the households in the entire City of South Bend are owner occupied and 40% are tenant occupied.The US Census Bureau data confirms this with their latest data showing appx 59% owner occupants and 41% tenant occupied here:  https://www.census.gov/quickfacts/table/PST045215/...

My classes take up the majority of my morning and early afternoon, then of course I have to spend time outside of class studying.

There have been 3 major developments (easily 100+ units each) that have gone up over the last 2-3 years with more phases rolling out soon.