I think you can get great tenants no matter the asset.There are 3 ways to increase your ROI: get it for a lower price, raise rents, lower expenses.

Success in this business is raising capital to purchase notes, “working” the note, and earring the difference between the rate you achieve and the rate you pay to your investors.

After reading Matt Faircloth's book "Raising Private Capital"  it seems that, as long as the Cash Provider is looking to serve as equity partner, a JV agreement is totally fine?

I would include how much you need to raise, expected returns, and some of the deal details.

Market rent for this one is between $1200 and $1300 but I have excellent tenants and don't want to raise rents just yet. 

Raise the rent a significant amount.

Here's the interesting part:They're only asking $9k because the house needs to be raised prior to repairs because of flood zone.I know raising a house is expensive and would take a huge chunk of repair budget, but with asking price that low, should I try to get this as my first BRRRR?

My plan was to start with wholesaling to raise some capital for buying and holding multi family.

Hi John, I was born and raised in Vegas and am currently looking for similar properties to buy and hold.

I doubt if I could even raise rents to recover my 12K.