I wanted to keep the first one simple.

There are so many things that go into legal and equitable standings.You want a simple answer but the situation is not simple.  

Any suggestions/recommendations, or any BP members that are working in this area?

@Bob Bowling I think Loic is referring to cap rate as a simple metric of Rent Revenue minus expenses / purchase cost.

If you are looking for advice, I suggest finding and following @Engelo Rumora wherever he is at the moment (podcasts, social media, catch up on "yellow ladder tips" and read his blogs)He is very well versed in getting deals every where from Ohio to Australia.

I spoke with one women who has never heard of it, and suggest that it could be illegal.

Carli my name is joez 😊 .I have been and investor many years .First a few tips read rich dad poor dad Robert KEOSKI to simplify investing .Second to me it's all about the numbers .If you have NEGITIVE cash flow and there is no room for growth you are not in the right place .Finally keep all your investments within 20/25 minutes of your home you will be taking many trips in the beginning to open doors or turn on switches lol .Look in a good deal there is meat on the bone say and older person neglects in a good area potential clean up and flip so on .Final piece kiss keep it simple spiggette it's in all investing books hey good luck any questions I am Always looking to learn and do better 

I'd suggest calling as many as you need to in order to find the one that fits your needs. 

I'd suggest listening to the wholesaling episodes on Renegade Detroit Investors and Flip THIS Podcast for some local knowledge on the subject.

My question is simple, are there fix/flip investors willing to fund and drive this type of a project for a % at closing?