It lets you scale, and if they are funding 100% of equity, you make money using their's.  

Besides the fund management fee, do you build in a percent of the deal? 

Southlake, TexasStandard price: $832,493Rate of Occupancy: 71%Average per-day rate: $250Average percentage of returns: 4.2%Average monthly income: $70556.

I flat rate the water by person in each unit, include it in the monthly rent and pay directly.

I am using a Heloc to fund my real-estate purchases and also to cover the rehab cost. 1.

As a lender, that is a much safer business decision than offering you a 5% interest rate mortgage, with zero equity.

@Damein White some great points by others concerning increases in rental rates and/or lowering of energy bills than a guaranteed increase in resale price.

Hi Michelle, How much funding would you need for the build? 

I know the conversion rate is usually 2-3%, which means I would have to call 100 people to maybe get 2 listings. 

Purchase price: $18,000 Cash invested: $245,000 Sale price: $335,000 New Consruction spec home built with the help of a hard money loan from Upright (Fund that Flip at the time). 1420 sqft, 3 bedroom, 2 bath home on 1.8 acres.