I’ve done relative well in school, earning the honor for cumulative.

To me, this not only makes sound business sense, but it is a socially responsible way to earn a living while providing a valuable community service.

Another option would be to make a capital contribution to the business which would be paid out to you before any distribution of profits (same idea, just no interest earned on your cash).Regarding how you are properly compensated for your risk...I'm assuming you'd reap 50% of the reward when you sell, right?  

Check their website to see if they service your desired geography and more info on the program.

Proximity to NYC, Philadelphia, mountains, beaches will give it a lot of desirability. 

One last thing... to all the fellow investors as well as real estate agents out here...What are some of the key questions you would ask when screening a real estate agent to make sure they are someone you would desire to work with for the long-term?  

She owns a couple rentals in "less than desirable" areas of town, meanwhile living in a mansion in a nice suburb.I know this lady is up to no good.  

Figure out the cost of lost opportunity for the funds you will lose earning power on to put 20% down to avoid PMI and PMI is the best thing you can have.  

They are really well run and bring in fantastic rent, but I know I don't have the desire to manage myself, and being out of state, just don't want to deal with the hassle of hiring a property manager, maintenance person, etc. 

In the area I lived I just couldn't make the numbers work, nor did I have the time or experience to work a rehab or desire to be a landlord (I have managed property before & hated it).