BRRR as an investor - innovative idea or not allowed

[Julian Illingworth]

I'm a little older now (33...), have a family and kids and don't have the flexibility to do BRRRR myself as an owner occupant.

However, I have a good buddy who wants to owner occupy and fix up a place (likes the idea, doesn't have a specific property in mind).  We were talking about potentially teaming up to do so, with us splitting down payment, him occupying the property and doing the majority of the labor with direction and help from me.  

Q: would this qualify for owner occupant rates etc, with both of us on the title, or do ALL people on title need to be owner occupants?  

I would also likelyh 

Any other relevant or interesting ways to team up with a potential first time buyer as an investor,  win-win situations?