@Will Stewart Ah okay Thanks Will so they lend based on the appraisal and most importantly what the cash flow supports of that appraisal putting it simply of course.

I would respond by making the observation that it is not simply them "telling [their clients] what they charge."

Market Fluctuations: If the market value drops, you could end up paying more than the home is worth.

or as perfect as you can get it.So no beat them up on inspection does not work against me for my product.

Then you take title to the new property counting both the purchase price and the improvements.I'll shoot a colleague request to you if you have follow up questions for off line.

I've coordinated 30+ projects for investors now, seen the fix and flip process up close. 

And then get them to put up half the money with you for the down payment (less what you paid for the lot).

I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

If the former, then they each get their own lease, if the latter, they all sign one stating as a group they are responsible for paying rent (ie one doesn't pay, the others have to come up with the money).