If it is 30+ days, it is considered a long term lease by the state, and I am therefore required to provide a lease to be signed to protect both parties. 

I recently reviewed a buyer's agreement which stated 3% on gross selling price, plus $695 flat fee in addition to percentage, for services provided. 

@Noah Ogle - You should try to find the big players doing what you want to do in your area and work to provide them value without expecting anything in return.

Also, provide a timeline outlining key milestones and completion dates.

As someone eager to learn and navigate the complexities of real estate investing, I believe your guidance could provide invaluable direction.I am particularly interested in understanding the best advice you received or discovered throughout your real estate investment journey.

I can't say if this is a go or no go, because too many details are left out.As others noted, the only thing I can truly comment on with the details provided is: make sure every scenario is clearly discussed and accounted for in your partnership agreement.  

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I think looking to get face-time with someone who is experienced in this specific situation and market status would be really helpful to answer some internal questions and provide guidance and external motivation to make a decision and get moving. 

Plenty of building code considerations I'm sure given hot water heater right there.My first thought to monetize is to lease commercial grade equipment - maybe 2 stackable W/D - with revenue-sharing from a company that would provide the equipment at no up front cost and handle maintenance.

Hi, I'm very interested in this area if anyone who has properties there would like to provide any insight as to expectations of cash flow and neighborhoods.