If the location is excellent and city driven, is there a case that you will go over the 2X's price model?

I have also invested in Atlanta using my superannuation via a private company share model (likeminded friends) which has worked very well however I really didn't do much groundwork/research myself including making US based contacts.I am keen to purchase directly now and want to gain knowledge on firstly navigating the US legal and tax requirements, then how this interrelates with Australia's requirements particularly around minimising tax, from here I'd like to understand the ways in which to buy - foreclosure, wholesale, short sales etc., then locate ideal areas that suit my goals, build a network of agents, rehab contractors and accountants and legal advisors and the start doing deals.....firstly for myself and then hopefully for likeminded Australian based clients.There you have it, happy to chat with anyone at anytime, I will be in the States in Dec 2015 for a 7 week holiday and would like to use some of that time to help learn the landscape.CheersLayla

I am also very handy (like I said, an electrician) so your business model sounds very appealing to me, Rumen.

Best way to proceed is to check MLS daily, have your financial analysis/model ironed out and ready to plug in numbers once you see an actual property so you can make a quick decision, have a great realtor (like Mya Neubauer - you can find her through BP) ready to take you through available properties ASAP/preferably the day they're listed, have your financing lined up, and be ready to make an offer same day when you see a good one.Good luck!

I've basically followed the same model.  

Due to the business model, we do not disclose exact property address to potential investors until the transaction is completed.

I will start off by saying some of the answers to the questions you've posed have to do with an individual investors model and their own risk tolerance.

It's more a case of bigger volume buyers getting them as part of pools and then trying to unload them.I actually think it would be a great business model, same as credit card debt etc.

I used to go to model homes for the fun of it to see how they staged homes. 

In other words, the amounts are too small to start with.Furthermore, you risk losing your money, because of the fact that there is only a promissory note and no collateral at stake for these funds that you would be providing.Sorry, but in my view, this would be a recipe for disaster on your part.Initially, you mentioned peer-to-peer funding and frankly your model would do well in this arena, such as www.lendingclub.com as there would be a better chance of you recapturing your money although here again nothing is 100% guaranteed.Thanks for your thought provoking post.