They can be exceptionally profitable IF you are persistent.I've been working probate for decades and keep finding new ways to profit from them.Every courthouse organizes their records slightly different however the basics are that you will want to start with the most recent filing and work backwards. 

You might be surprised to see what I found out as I ran the numbers. ...except your numbers, like everyone I've ever encountered who analyzed their own home as an investment, are incomplete. 

Except you won't get lost going down a rabbit hole, everything is simple and actionable. 

My concern is that a newer investor may risk their earnest money or may be on the hook on a deal (liquidiated damages up to 3% max on CAR RPA's) because they passed their contingencies or other while being lead to believe they could have qualified.Its like banking on a hail mary...As for FHA second use, the above sounds all woo woo and easy but I just did one of these recently and the underwriter wanted 25% equity on the vacating property (first FHA property) in order to qualify at "all," using one of the four exceptions for a 2nd FHA loan ( 1) larger family, 2)separation/divorce, 3) cosignor, 4) relocation because of employment).

@Abdulaziz Albahrani There isn't a whole lot of difference between "crowdfunding" and traditional real estate syndication except that the former is done online.

Whenever one person spoke everybody would listen intently except for my ex girlfriend.

If you're never anywhere to be found except when it's time for the rent, then go around handing out turkeys once a year...yeah, that looks like charity.As for me, I personally meet my future tenants at open houses and showings, and they know I'm the owner.  

The owners may also take money out in the form of Salary, which is also taxable as regular W-2 income.S-Corp - With very few exceptions, an S-Corp pays no income taxes as an entity.  

The good thing is that in LA City, you can tear down everything except for 1' of wall, and then rebuild in the same footprint while still permitting it as a conversion!

I have  NEVER advised any client to "find a partner willing to provide the money" EXCEPT in cases where the client insists on using a method that requires cash and he has none.