There are also two systems for adminstration, one throgh a PHA and the other can be through non-profit affiliate adminstrators.

But I agree with Will that they probably want their loan secured by the RE that's providing the cash flow.If they want to participate in the profits, then I would put together an LP or LLC with them.

However, I am having trouble deciding how to work out the profit/risk allotment to each of us.

There are lots of ways to use your cash, credit and knowledge to facilitate a deal and profit.

There may be some benefit here if I donate the property to the Non Profit Idea we were discussing on another thread.

Would it be profitable???

Do you know what profit factor is?

But working as a team is a powerful strategy to improve a neighborhood and make a real estate investment more profitable.

I have been looking for brokers that can help me find profitable properties to invest in, particularly in California.

I have been looking for properties in Kansas (Wichita and Kansas City) because they seemed to be profitable for renting.Let me lay out an example property that I am looking at to see if my logic is sound.