Pretty much the only way you can get it to capital gains is if you showed the intent to buy and hold for investment, but some extenuating circumstance caused you to flip instead. 

It depends on facts and circumstances of course- but for the right person it's a good solution. 

I'm enjoying reviewing and comparing notes as to what these guys are doing (sorry to any women in this game but I haven't run across a female sponsor yet).

@Thang NguyenCap Rates of 10 are definitely possible on a proforma, in a secondary or tertiary market oron C or less class assets but you are not going to find a stabilized asset over an 8 CAP under normal circumstances with your experience.

I don't necessarily want to talk you out of turn key properties considering that is my business, but it may not be the best way to go for you given your particular circumstances.

If I had a store-front pulling $35K a month in gross sales, I can’t think of ANY circumstance where I would hire a separate company to handle the daily operations and staffing of my storefront.

In some circumstances on low end properties you don’t necessarily need to but not knowing your situation or what you are getting I’d agree with the others and say you really oughta get it

This opportunity is a "social impact fund" developed by a group that "[...] is a vertically integrated, minority and women-owned workforce and affordable housing investment firm" with an overall goal to to "build community and enrich lives through serving as a vehicle for social impact, environmental sustainability, and financial alpha — generating attractive risk-adjusted returns for all stakeholders" and for their investment objectives to include "[...] create, renovate, and preserve workforce and affordable housing in high growth markets throughout the US that have demonstrated the ability to outperform jobs, real wage growth, population growth, renter household formation; and exhibit a supply/demand imbalance"Well, there you go. 

So the big question is, under what circumstances would someone want to offer a tenant a month-to-month lease agreement?

Let's say Party B is sole party on the mortgage at 80% LTV in each circumstance.