@Marcus Johnson  Negative equity is only an issue if you need to sell, and as a multi-family property the value is primarily derived from rents collected, not what a single family home buyer would be willing to spend.

That adds additional complexity, and, depending on how you distribute the income, potentially double taxation.

There are plenty of areas where you can buy properties cheap, get nice cash flow, and some upside appreciation.Properties under $45k are likely to be mostly for cash flow though and won't derive as much of their return from appreciation.

What about the profit distribution at the completion of sale?

It is strange to me that you're sizing their equity stake based on revenue and I haven't really seen this done very often.Larger deals generally have some sort of setup that gives the pure equity investors preference on distributions.

Both lawyers get another $10,000.10)  Judge starts the hearing by asking if they want to settle before the hearing starts.11)  Two days later the judge orders the independent person he has appointed to liquidate all the assets, pay all debts, pay courts costs, pay the independent person's fees and their experts fees distribute any thing that was left 50/50 the heirs.Of course, that is not your case.  

Make offers appear derived from detailed research.  

How could I get on Granite's distribution to buy their notes?  

Or, create some sort of product that can be manufactured by someone, distributed by someone else, taken by phone, mail, and web orders.

Also, you MUST and I cannot repeat this enough MUST have your contractors sign a "Lien Waiver" after EACH cash draw you distribute to them.