Then we’d have them rent from us at an IRS-acceptable reduced rent (20% below market rent) which would provide more secure housing for them as we’d never evict them and trust them with our property.

Security deposit is equivalent to one month rent and we included a non refundable pet fee. 

Bigger Pockets is a great start toward getting deals done correctly and reaching out to seasoned real estate investors, especially if you would like to start out using the BRRR method as you have specified in your post, Nick.

If so, get a securities lawyer and have him or her take a look at it. 

., I did not end up using them, as I’ve still to list the house in any method.

I planned on First, Last and Security with a 12 or 18 month term.

Account Closed I believe that you would need to be a securities broker in order to collect a check for putting together funding on someone else's deal, unless you have ownership.

I also think that people that are moving into Camden are more likely to move into the apartment buildings (victor or the new cooper place), with gated parking, security, and 24/7 concierge.  

What has been your most successful method in finding deals?

@Nicholas LohrWhether the specific method used by @Daniel Dietz works for you or not, the important key in his story is that the buyout scenario was spelled out in the operating agreement, in advance.