Using the 50% expenses "rule" (which doesn't include mortgage), plus mortgage, the return per door looks to average ~$285/m?

But I do agree, those arrangements could be written to include the possibility of EITHER party paying out the other along the way WITHOUT the others approval - so long as the sale price covers the agreed payout figure?

I have been in the construction business since I was 17 including those college years.  

A pre-liminary Team typically include an Attorny, a real estate Agent, a CPA (or accountants), Inspectors, General Contractors, and Handymen.  

I have a tenant on food stamps who was at the social security office and saw me at the property when she got back.

I am reserving the master bedroom for another person who is considering renting that full time (and happens to be a tutor so that might work into a helpful situation for them both), and I would stuff myself into the last bedroom and share the hall bath with the part time tenant.Additionally something to consider is that I will be doing work on the house over this year including the kitchen, the new 3rd bedroom, and the hall bathroom.  

Everything was replaced in the house with exception of the things that were new about 5 years ago including A/C, Plumbing, Electrical Service, and roof...

Investors who might benefit would be considering the following cities for investment: Fall River, New Bedford, Westport, Swansea, Somerset, Darmouth, Taunton, Freetown, Falmouth, Brockton, Fairhaven, Dighton, Rehobeth, Seekonk, Berkley, etc..If this is something your interested in attending and I didn't include your city feel free to let us know!

The company I work for manages approx. 100 sfr and small multi-units in the Whittier area (mostly along the 605), and expenses for our units (including common area maintenance, regular maintenance, turnovers, and cap ex) have historically averaged around 40% of rental income.

Write up YOUR offer, include proof of funds that you are serious and credible.For parks we never bothered wasting anyones time with a LOI.