Sounds like a great plan. 

But, that aside, I’d like to initiate a discussion of where note investors feel the opportunities will lie moving forward.I’ll go first.  

I don't have a lot of time or bandwidth to invest in a fixer-upper and I would like something with limited work.  

Obviously past results are not necessarily indicative of future performance, but it seems like a great investment for accredited investors to get a low-risk, solid return in exchange for some illiquidity.

Any person ever worked with Paul Argueta (Dispodragons) or Alex Martinez (Real Estate Skills) as a mentor/coach, what has your experience been like?

I am local to the Memphis market here and like others have mentioned communication is key.

More like a 101 of taxation: you had a reserve of losses -> it helps when you have profits.And a tax geek addendum:I also do not see a direct link to cost segregation benefits here.

I had never fallen for a scam like this but Dutch is really believable and uses the God and country stuff to entice investors.

Have you every experienced anything like this?  

They didn't pay for it, so they don't take care of it like an owner.Before you make assumptions about costs based on a seller's contribution to improvements, find out what they improved?