Out of curiosity, are you looking at flips, or buy and hold properties?

Any demand of rent, or rent and possession, by a landlord or the landlord's agent shall be deemed good within the meaning of this or any other statute of this state, when made at any time after the right to rent and possession accrues or the rent becomes due according to the terms of the agreement, whether by written lease or otherwise."

Yes, I believe he would report his profit as a short term gain and report the share that he gives to me as a cost of the sale (like commissions, accrued interest, taxes, etc).  

just out of curiosity, are you renting out to section 8 tenants?

The second is it always peaks my curiosity when people talk about losing their job, being on the ledge of broke, have limited experience, but then decide they want to be the next big thing in real estate investing.

Out of curiosity, how did you finance the deal and rehab?

@Say Teoh  I think I will put a short white paper together on it. then I can just send it along.Long and the short of it.. is that Timber in the NW specifically the upper quadrant of the NW Willamette valley in growing sites that are number 1 , 2 , 3 will provide 12 to 14% accrued returns through the growing cycle.

While I will do some/all of the renovations and will initially be the property manager, I do plan to accrue for that day one so at some point I can hire someone else to do it and not break my financial model.Steve, I will definitely reach out to you over the next two months, thank you 

Just out of curiosity, where are you buying your turnkeys?

Out of curiosity, do you happen recommend anyone around here for investment property financing?