From 2016 to 2017, apartment construction climbed by 21%, putting apartment supply at a 20-year high. 

Depending on if each of the family members are interested to do their own deals with you or you are combing the money into one fund and purchasing a property, there can be different structures. 

This seems like a population that could benefit from living in rental mobile home parks.Seems like you guys could set up some "Shabby" trailers on cheap vacant land somewhere at the edge of town (cheap taxes) and get the bus route to go out there to take them to work and shopping and fill a need.Sometimes people in Texas give older mobile homes away for the hauling.At $35,750 a year that's $3,000 a month Gross (with 3 deductions), they could afford to rent cheap trailers without Section-8.All you'd need is septic, electric and propane out there.A shabby rented mobile home at the edge of town is a lot better than living in the streets (supply demand),And it might cash flow attractively (with Class-D management issues of course).Just my 2 cents on this.Good Luck!

If a seller has a property free and clear how do you structure a seller financing in order to not get a bank loan??

Hey all,What's your favorite place to go for supplies, namely flooring/carpet, other than the big box stores..

@Ronald Daley - you mean a structural engineer?

We are looking to formalize our business into an appropriate entity structure (recommendations for a local attorney are definitely welcome!)

Even with that- if everyone got an AC unit it would have blown our power supply. 

By structuring the transaction this way, the buyer will not have to put down any of their own money to buy/close. 

.~ Only 3.6 months’ supply of homes in inventor (balanced market is five- to six-months.2019 NEFAR President Jeanne Denton-Scheck said, “The pace of home sales in Northeast Florida is rapid, and a great situation for sellers, while buyers are having to be prepared to move quickly when they enter the market.”