I came across their information today and they claim that members pay $ to invest in a portfolio of properties that generate consistent quarterly cash flow (9%-11%). 

Lessons have been learned, hence this post, so going forward my operation will be run strictly like a business, which should help mitigate some of the issues I've been encountering.

Who knows what is really going on until you start collecting the rents and seeing first hand how the building operates. 

Since this is a major operational transition for me, I want to get it going on the right foot  and will probably return with more questions :-)Thanks!

We feel that controlling as many aspects of the business in house will allow us to generate larger profits, and have all the separate arms of the business work together, feeding each other and creating a synergy.Trying to figure out how to explain that to my wife and small children (LOL).

Here is the guide I used.Here you go 👍 http://reileadz.com/marketing-strategies/beginners-guide-to-generating-seller-leads-with-craigslist/

Current occupancy just covers operations so they are basically milking it as they can and waiting for the axe to drop.

  $800 excavator and operator, $400 oil "disposal" (likely involving them reselling at a profit). 

In this regard, it must be noted that, in connection with a complaint alleging discrimination on the basis of familial status, the Department will carefully examine any such nongovernmental restriction to determine whether it operates unreasonably to limit or exclude families with children."

So potentially even if you close something a big chunk could go to the brokerage and then your team and you get the crumbs left over.The fundamental question becomes do you get steady business for high quality leads that you could not generate on your own?