This industry has opened our eyes to so many opportunities in real estate and all its ancillary businesses with our focus being on the fix/flip model of existing farmland and eventually moving into the commercial/industrial sector of canna complexes.

Again, thanks ton on the insight and detailed response.

The other outcome is you open their eyes to the opportunity and they want to do it themselves. 

One of the side-effects of this is new members often ask questions that are the same as topics that have already been discussed in great detail.

@Jason DiClemente$85,000 with 10% down -8,500$76,500 financed at 7% for 20y Tax and insurance = $400 a month $593.10 or 993.10 ish I want a 5 yr ballon loan where you would go to a bank to get a regular loan in 5 years.These are some some of the details.

You should speak with an attorney about drafting up an agreement between the parties involved detailing the profit and equity percentage splits and your accountant will prepare the tax returns accordingly.

I have my eye on one property right now I just have to make a call

Seems like a great opportunity in my eyes because it’s so close to the school, but I’m not too familiar with the area in regards to the renter market. 

A good private eye may be able to find the daughters contact info. 

My plan is to offer 10% interest to my investors, paid out monthly, take 6 months to 1 year to complete the reno-rent-refi process, and then pay out the investors.I'm not going to go into too much detail on the deal right now, but I will say that i'm very confident in it.