Hope this helps.Partner 150% OwnershipSelect ProjectAgree to Price of Offer and Other Conditions Submit Offer to BrokerAgree to Rehab Plan and Schedule Prepare Funding Opportunity Document Solicit Investors for FundingCoordinate Funding for the ProjectCoordinate Documents with Attorney for Funding Coordinate with Attorney Closing Dates and Fees Coordinate with Real Estate Broker on DetailsSecure Property Insurance and have Utilities Activated Secure Bank Account to Pay BillsPayments over $500 Require Approval of Both Owners Prepare On-Line Advertising for Property Available for Rent Upon Selection of Tenant Run Criminal and Credit Check Agree to Rent Amount and Security DepositProvide Updates to our Private Investors as to Progress of Project and Coordinate with the Bank on the RefinanceRequest Appraisal as soon as PracticalProvide Personal/Business Credit to Secure Refinance Close on Refinance Within Scheduled TimeExit StrategyPartner 2 50% OwnershipSelect ProjectsAgree to Price of Offer and Other Conditions Develop Plan for RehabDevelop Construction Schedule Develop Budget for Rehab Coordinate with Outside Contractors Initiate and Complete RehabLabor will be at cost as part of Participation to Operating Agreement Agree to Terms on Funding Conditions i.e., Interest Rate etcCoordinate Permits if Applicable with Government EntitySchedule Inspections and Remedy ComplianceSecure Certificate of Occupancy or Final Inspection Approval Both Members will Agree to Pay BillsPayments over $500 Require Approval of Both Owners Coordinate Showing Property to Prospective Tenants Select Prospective Tenants and Recommend to Member Agree to Rent Amount and Security DepositClean Up Property for TenantProvide Property Management and Maintenance Provide Personal/Business Credit to Secure Financing Exit Strategy

For example, in my area there's a city that I could get $1.10 a sq. ft. for an ok SFH that needs updates.

I have done a lot of remodeling through out the house including updating kitchen, adding wainscoting to dining room, added a 900 sqft deck, updated bathrooms, updated light fixtures throughout.

People build this up and are able to leave their corporate America job??

Wisconsin just passed updated laws on service pets and rentals...there are some great sites you can use via googling that outline exactly what the updates are.

I updated my RE today and she will let me know if there’s any recourse but I’m not holding my breath.

Current Rent: 1100 one side month-to-month - market at 1400 - 1600 (agent tip)Offered: 360k + closing creditsDown payment: 3.5%Vacancy, CapExp and repairs estimation: 5%Rehab Costs/ ARV: Pending inspection and appraisal, but right off the bat, both kitchens and one set of floors, small items need updating.

Each investor will be secured by becoming a part owner on a corporation that already owns the lot.

Hey Jordan any updates on this property?

We updated the interior.