Private Money Pool

[Carlos Espinoza]

I am hoping to get some direction from experience groomed investors regarding my primary business plan and required actions I would need in setting up a LLC or LP???

I have already established contacts that are willing to invest their money in real estate. In the talks I have had with them knowing and discussing the risk that comes in with any type of investment. I have systemically explained how one can potentially invest their money in real estate, profiting from renting out to a certain population and then selling property to vendors who are willing to continue to run houses as is with the continued cash flow of residents already placed in the house. These vendors are mostly out of the country individuals.

Any advice on how to get started? Definitely trying to stay away from being viewed as a security. There would be less than 10 investors that I would be pooling their money together. Thanks for any help.