Buying Tax Liens (More time and challenge)Those are really only a few basic strategies, but dig into those a little bit and see where it takes you, feel free to give me a shout if you have any questions!

Basically, I would like to know how transparent these deals typically are, not just in the due diligence stage, but after investing as well. 

However, your desire to renovate, or the current owner's desire to sell the property, does not supersede the tenants' rights under the lease agreement, and you inherit the terms of that lease when you buy the property.If the lease does not include the use of the basement and the garage, the owner (or you after you close) can petition the tenants to remove all of their belongings from those areas, but the tenant would presumably have the right to comply and thereby not compromise their continued rights to the first floor (basically, a lease violation that is curable, if cured, is no longer grounds for eviction). 

We have a business plan, that includes a mission statement, basic guidelines/criteria and multiple exit strategies.

I'll be moving in immediately, and since there is basically no rehab I'm looking to get roommates in there ASAP to get the cashflow started. 

Does the patient have living will, Durable power of attorney, and such basic estate planning document ?

@Theresa HarrisI've asked multiple time since last year to join so that I can help with deferred maintenance and capital expenditures management, basically what happened to me doesn't happen to other.

Get down to the basics and correct all the habits that have brought your life to where it is now. 

So basically, if I just want cash flow and not worry about building immediate equity then going turnkey would be the best right?

You don’t need a mentor when they teach you the basics on the internet, experience teaches you the rest.