I am not affiliated with, and I am not compensated by, either of the companies I have mentioned here.  

I know if they use the money there are tax consequences but I believe if I'm correct, the ROI would more than compensate their tax bill.

You need this compensation in this scenario because you are acting as the master tenant and effectively guaranteeing the lease.If you are assigning the package for a fee (which @Kimberly York is calling wholesaling) make sure the seller understands what's going on--that you are essentially placing a tenant for him (for a fee paid by assignee) that intends to purchase the property, but you are providing no guarantees of performance.Many sellers are ok with both of these scenarios as they simply need some solution that allows them to kick the can down the road for a while and still provide them of some chance of a final disposition of the property.  

I would not have thought of garbage & landscaping but makes sense of course.I was going to ask if it would make sense to offer something like $85k to compensate for the heat & water expense but on 2nd thoughts, the vacancy rate may be even higher than average if you end up with college students as tenants.

Using a partnership structure you want to create alignment and compensate the investors for value creation; not revenue optimization.

It was fortunate that your tenant was able to stay with family, but I suppose she could very well demand compensation from the landlord for breaching the lease agreement?

Petersburg submarket had the option of either increasing the size of their down payment to compensate for the fact that the house didn't meet the appraised value (artificially high values due to hedge funds' massive purchases) or look for a different, less expensive, house.SFHs were going for $400,000 for 2,000 square feet.

If they are dead set on an equity share, go 50/50 but make sure you factor in compensation for your time/effort/project management before you split the "profit."

just looking to learn...not looking for compensation...just want your knowledge and help you out at the same time.

. = $31,800 year - 50% rule = $15,900 NOI = $159,000 at 10% CAP.With cash in my hands I would bid max $100k, with financing at 20 years with max 7.5% I would bid not more than $80k.Problem is owner pays utilities not so good but with these prices you can compensate that and in Louisiana you have higher temperatures in winter :).You can try and bid $55k and see what happened but its more possible your first and last bid on this propertie.