I think most people that have that perspective either are close minded or not educated to how to properly go about the business. 

I would recomend that you have a proper shareholders agreement drawn up for protection of each of the shareholders

My email is [email protected] also have a property management company we are working with to develop proper systems to help take care of the renters and the investors.

Anyone that can properly use 'verismilitude' in a sentence is my kind of person!

The selling agent is going to let these properties go to auction, not giving his seller a proper chance, and doing it completely out of spite.

(Turns out they weren't set up properly to lend in TX).

I have the contract and everything lined up for an agreement between us, but i'm afraid that the money will be taxed because it's not set up as a proper person to person loan.

The redemption period in our State of MI is 6 months, however, if the house is abandoned, the redemption period shortens to 4 weeks, as long as you properly document that the home is abandoned and record this at the Register of Deeds office.There was a second mortgage on the property for 35K.

There's a good chance that the plumbing and fixtures have been stolen if a property sits long enough up here and hasn't been properly secured immediately.

There are risks involved though, so proper due diligence is required.