What I've learned with this structure is to ensure the you are consistently paying down on principal, or you risk the bank eventually calling in the note, or asking you to restructure. 

Should this resonate with you, feel free to reach out.

An honest and ethical contractor will give you advice for free in hopes that they will build a relationship and get work.

It seems like if I could put together 3-4 people who are interested in the same deal, and get them to pool their capital together on a flip, you would lower the per-person risk, you would allow more investors to enter the market. 

On top of that there is always going to be that risk of a bad tenant.

Purchase price: $100,000 Cash invested: $100,000 Bought this house and got 2 more free What made you interested in investing in this type of deal?

I want to thank Rent To Retirement & Zach, who got me a free consultation for.The costs to do this do reduce cash flow as well as the administrative time to file the different returns/reports are real, but it is worth it to reduce liability for the long term. 

Also, if it's in an HOA, you need to find out the dues so that they don't put a lien for nonpayment. the risk in a situation like this is the lot is not buildable for various reasons and the owners just let it go to tax's.. the time to find all this out what before you bid.  

Cash flow not primary focus for at least another 10 years but rather asset value growth but would not want negative cash flow.Anti-Goal: Not risk personal assets, no stressful work, not very handy to do much work myself.What I am looking for:1.

Have you considered how living in one unit and renting out the others can essentially let you live for free?