I love the coaching model because in my experience when people have skin in the game, they will put more into it and will be held accountable and will perform betterthanks for your analysisGino

And both options have sponsors with skin in the game via the coinvestment.I think that the platform that Larry promotes, is nice because the coinvestment of 30% is much larger than typical.

There's no HOA for our units and I'm having some difficulty contacting the various owners.Any advice on how to handle this situation?  

This will show that you have skin in the game and you are not trying to sell them on an opportunity that might work, but rather letting them in on a deal that you WILL MAKE WORK.  

Your going to run into some difficulty finding traditional bank to finance a $12,000 house.

It depends on the lender, your relationship with them, your past experience etc, but they usually want you to have skin in the deal.

The two main problems I encountered were problems with late rent/unpaid utilities and a difficulty to make repairs or upgrades while they were living there.  

We kept the smaller house we purchased in 1995 in California but are having difficulty refinancing it, along with the others in Texas because of our bankruptcy and foreclosure. 

I know with subject to we can save lots of people from going into financial difficulties, especially foreclosure and save their credit history too.

it really depends on how far your moving it an the difficulty it take to move it.