Goodin Development has no filings with the SEC authorizing it to raise money, has not pulled any permits and is not mentioned in any of the numerous news articles discussing the development and the companies involved.If you are thinking of sending Justin Goodin or Goodin Development any money - THINK TWICE!!

For lenders, I have access to private money lenders or if you want to go the traditional route, I recommend checking out Coast to Coast - Jeff Weller. 

They marked it down as a "claim," even though the delivery guy never filed suit, asked for money, or sent a demand letter. 

Are you sure there is no one within 10-20 miles who would like to make money cleaning it and checking on it? 

His family made their money with W2s and the stock market.

The 1099 will reflect the amount of money that you sent to the owner.

If you are 100% occupied (and trending) no need to spend money.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?

Hey Paul, I've done a few of these with buyers moving money from California to the Detroit market. 

The investor would buy an ugly black box that produced money if it was the right price.