If you really do have such a brilliant unique system that somehow nobody else has thought of and is so easy to implement you will quietly sit there and buy 10$ houses all day long and hope nobody else ever finds out!

Huy Thai while its possible there is a scam there my bet is that it’s likely investors trying to implement some kind of seller finance strategy.

I knew that Holton-Wise needed to implement some of what you were doing to really scale.

Did you hire another company to implement it for you or did to figure a formula out for yourself based on number of occupants per unit or square footage?  

@Remington Lyman are you talking off market deals and/or implementing a brrrr or…?

I have built my own spreadsheet in Google sheets implementing several rules of thumb as well as slicing the ROI via cap rates, GRM, etc.

Since then, I've firmed the larger ticket numbers like roofing, drywall & plaster and foundation; all of which have bids in under my projected cost to implement.

-As each lease renews or as new leases are signed implement the new Internet protocol from above.

., as private lenders,) typically have much more stringent requirements than hard money. 

At the same time, I am too old not to worry about the risk of losing my life-time savings in lawsuits.Many people implement the solution using one LLC holding the property ownership and another separate LLC to handle the riskier management operations.