You also might run into issues finding anyone to do a closed end with less than $100k in equity. 

Run her background check same as you would a new tenant. 

You'll end up with more units in the long run and will be able to build equity faster than buying single units. 

Not to mention, I find it much easier to negotiate contingencies, extended settlements to sort out zoning or other items and even settle with permits in hand with MLS listed properties which is undervalued by most but can greatly reduce your transactional costs and open the door to better financing options. 

This is especially true if they have in house teams.At the end of the day, the point is to know all your costs and how things are actually going to be run.  

I'm an investor myself, not just a manager so my company runs the day to day operation for my units the same as for other investors.

Hi, I’m a “newer” investor that has some doors across Memphis and Detroit using the BRRRR method.

But then again, if that existed, everyone could run the numbers and do this. 

It can save you thousands of dollars in the long run.

For the potential franchisee owners who are considering this as a business, I would run the other way!