The seller provides the house, they fix it up and when it gets sold, everybody gets the shares agreed to.I don't know what happens if the owner changes his mind and won't sell or what happens if they go over budget and lose money or what happens if the “investor” runs out of money before the job Is completed or if the rehab work is shoddy or if someone gets hurt on the project, among other concerns.

Again that said if your in a market which supports student rentals that could be a good strategy or i just had a client who did a great job with a small lets call it "boutique" Mobile home park which was sitting on the market so it just depends on the opportunities around you.

@Shaun Fogleman - Past jobs they've done and references. 

Aside from any glaring errors (like data fields that are blank that shouldn't be, or more commonly, depreciation that seems wildly high because the client didn't know that you don't depreciate land), I won't be able to spot missteps without seeing all of the data that went into the return.I hope this helps!

Reasonable turnaround time for getting the pre fab onto the job site? 

Is it a part time job managing ~15-20 doors or are we talking a major time commitment?

Thank you.Hi Adam,In response to your inquiry about approaching a Real Estate Owned (REO) property, it's essential to clarify a common misconception regarding banks and real estate.

There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).

Upstate New York’s housing currently can’t support the nearly 50,000 jobs statewide promised to be created by the end of this decade.

It has tech and manufacturing job growth and all the signs for solid appreciation.