Here is how it played out:Purchase $72kRehab $45kRefinancing/cash out at $125k with a note at $861 tax and insurance included.

This is why I am finally getting out of lurking mode and into active posting!   

At your income level, you should try to step away from more management intensive investing activities (SFRs, small MF) and look towards investing in syndications, partnerships and JVs.

But I want to play, and I didn't see any guesses on the kitchen.... did they lay down cat food to attract all the neighborhood cats?

This should be an interesting development to watch play out.

In this case, we should get all the money back and return the houses to Morris Invest. 2)Clayton Morris play a role as the middle or agent, or the fact shows Clayton Morris acted as an agent.

It's a different ball game if 25-30k is playing money.

Best to play to your strengths. 

Anyone in this space, i would love to learn what you know or atleast love to speak on this space with you as I know it’s best to speak with someone actively doing it.

I don't know of any way to verify he isn't playing games if he is smart about it.