Has anyone ever created a partnership with a vacant home owner where owner retains ownership of the property and the other person (me) acts as a property manager for renting and they split the profits.  

Absentee works... driving for dollars and creating your own list.I am in San Diego, it works here, though it works best at median home prices or just under.

I lend them money and create a note that is secured to the real estate.The money is for repairs on the RE property itself. 

I also have a huge passion for helping and teaching others the knowledge that I have got in the past two years to help people like me get into real estate and start to create financial freedom.

Hello,I have a house that was flooded in Harvey (Aug. 2017) for the first time (to my knowledge as I bought it from a wholesaler with no disclosure) .The house is one story with three bedrooms (one of them is a master suite) with a very reasonable living space and backyard.I rehabbed the house and it looks great now, ....nobody would buy it :0(The house is near the medical center in Houston (in a subdivision called parkwest near Westbury) If I rent it it will create a -ve cash flow of about $300I'm thinking to turn it into Senior independent living but it seems to be very complicated strategy with the best yield.Any experience in doing this in Houston would e appreciated?

My goal here is to create a golden thread that a beginner can follow to get to a solid rental investment that puts cashflow in the pocket and with an added element of a little fixing up, the potential to complete cash out and do again with the same money every six months.

If anyone knows of or uses a property management that is looking for someone to start on the ground, visit their properties, create reports, deal with tenant issues, or deal with minor projects, I would kindly ask for a referral.

I both sell and purchase properties via the lease option method and one of my protections as the lease option buyer is knowing that the seller / owner cannot sell or refinance the house out from under me as long as I have that recorded option against the property effectively creating a lien. 

I don’t want to sell it I would like to rent it out to create that extra money coming in.

Haha, this is definitely that same troll that created two new profiles on the same thread a few weeks back.