Our general criteria, @Jason Jorgensen, defines a good deal as one where the flipper makes 10 to 12 percent of the ARV as a gross profit.

If you happen upon a resource that defines all the acronyms please share it.

., if you are raising capital from multiple people regardless if they are friends are family, you might be playing in the securities world as defined by SEC.Before you get to far along, make sure you consult a securities attorney so you don't get yourself in trouble.

The biggest difference in this aspect though is that it is the seller who finds the buyer, not the real estate broker.  

Define for yourself which spaces are habitable and count as living space, which areas can be used for storage, and which areas are off limits.

Statutory Exemption from Fair Housing Act Liability for Exclusion Because of Illegal Manufacture or Distribution of a Controlled Substance Section 807(b)(4) of the Fair Housing Act provides that the Act does not prohibit “conduct against a person because such person has been convicted … of the illegal manufacture or distribution of a controlled substance as defined in section 102 of the Controlled Substances Act (21 U.S.C. 802).”37 Accordingly, a housing provider will not be liable under the Act for excluding individuals because they have been convicted of one or more of the specified drug crimes, regardless of any discriminatory effect that may result from such a policy.

So in that aspect, you are covered.

Shanai Define multifamily, 2-4 units or 5+?  

It tells them that you are serious about your business and are interested in keeping track of every penny you spend, by keeping expert reporting on every aspect of your investment properties.

I covered some aspects of how we screen and operate in a recent thread.For our student tenants in general we perform the same screening we would for any other tenant, with the understanding that they are students and will not likely have the desired income.