I really love the open concept feel...

Gorgeous open concept cottage in a great location on the lakeLessons learned?

The concept of Value-Add was not goal we were trying to meet at the time.What was the outcome?

As soon as I grasped the concept of house hacking I immediately started looking.

i will continue to pray someone answers this question. because you nailed it. ive been looking for this answer for sometime. alot of these concepts are simple to others but so complicated to some of us. i cant stress enough how these savvy people we look to have the heart of a teacher. i see alot of belittling and "slick dissing" on answers. they are the minority but there out there. remember.. you started not knowing anything either. hope we get our answer or if you do reply. need the lesson. 

I do get the concept I just didnt quite know what exact payments would be on my end or my tenant/buyers end.

The concept is not terribly compicated.

If you can produce proof of a successful track record doing the kind of investing as you purpose for your fund, you are much further along.One of the problems you will run into in selling the fund concept is that most investors now want more transparency than a fund allows.

Same concept as people that use their own money of flips that don't account for what their money could be making just invested somewhere else.  

Because in the american legal system emails do not constitute legally binding agreements.You are an agent, so you should have some concept of contract law.