You can also just look at properties that have been on the market 120+ days and make low offers that meet your ROI criteria. 

This is extremely common in the Detroit market, but it seemed very odd to me initially also.You simply put an inspection period in your offer so you can walk it and decide if it's for you or not.In terms of rent rolls, etc. you may not be getting a response on this for the same reason.

We were called by Novak Capital Management offering us to invest a minimum of $125,000 in a development named the Summit Lofts in Georgetown TX (209 mi south of Austin. 

I had technically 21 offers for my Miami place, I say less because I use the cash offers as real offers.

Welcome to BP@Erick Montero , we noticed you aren’t a Pro member at this time and we would love to offer you a 20% off discount to start taking action in investing with confidence!

@Jeff Norton do a comparison of what benefits they offer vs costs against just opening your own.

I would like to offer the money and split the profit.

While I'm not a legal professional, here are some general considerations that might help guide your decision:If there are any legal problems pertaining to the property, an LLC might offer an additional degree of protection for your personal assets.

Should I offer lower?    

I could of really focused more on marketing and advertising to nurses and if you can contract with the employing agencies and offer them some consistency [location and perception and price biggest factor] and have them rent directy might yield some interesting results.