NOW, if we are to have the HOA responsible for the interior of each of the units as well, here are the eminent problems I foresee:    - owners will be even more careless and act irresponsibly for their units since they don't pay for the repairs of the interior of their units    - because many of the owners rent their units (technically they sublease), they will be even less incentivized to maintain their units    - the HOA pays for all maintenance and repairs of units and owners get the benefit of rent    - repairs/maintenance of units is not properly proportioned to their respective owners, meaning that there is no incentive to keep my property up because any repairs will come out of the pocket of all other owners    - this penalizes good owners and rewards slummy owners    - this will put the owner residents at a big disadvantage because the owners who rent their units will cause maintenance fees to increase for all owners, especially due to high turnover    --> in Summary, this is a straight example of socialist-style system (I know, my family immigrated to the US from the USSR) and it will just sink our whole Co-op.  

@Bob Bowling I think Loic is referring to cap rate as a simple metric of Rent Revenue minus expenses / purchase cost.

Carli my name is joez 😊 .I have been and investor many years .First a few tips read rich dad poor dad Robert KEOSKI to simplify investing .Second to me it's all about the numbers .If you have NEGITIVE cash flow and there is no room for growth you are not in the right place .Finally keep all your investments within 20/25 minutes of your home you will be taking many trips in the beginning to open doors or turn on switches lol .Look in a good deal there is meat on the bone say and older person neglects in a good area potential clean up and flip so on .Final piece kiss keep it simple spiggette it's in all investing books hey good luck any questions I am Always looking to learn and do better 

My question is simple, are there fix/flip investors willing to fund and drive this type of a project for a % at closing? 

Not too many valley's (increases costs) and removing the chimney also.

Hi @Ricky Hopp I am also an Investor, and do a lot of work for/with other investors, I focus on distressed properties where a deal can be found and value can be added to the property to increase rents or get a better quality tenant in the property.  

You would get firsthand experience in working on a property and hopefully increasing the properties value.  

You want to check out this podcast: Bill Powers uses the lease option strategy for his investing.https://www.biggerpockets.com/renewsblog/2016/07/28/bp-podcast-185-rent-to-own-increase-cash-flow-maximize-equity-bill-powers/

Atlanta is long-done in my opinion (lots of saturation and better returns elsewhere), the TX cities either don't have cash flow or it's minimal and little inventory left and the appreciation boom already happened, Cleveland and some of those I don't consider strong growth markets so that increases risk, etc.

Things are just easier when I can invest with some type of capital.While I'm doing so, it seems I've gotten a bit ahead of myself with the advertising (haha) and now calls from my website are starting to come in increasingly regularly.