Pick one and commit.

T.

In other words, be selective as to which assets you order a search on, but be thorough in your due diligence on assets you are committed to buying. 

Eventually we saw a shift in Jerryll where he really committed to learning everything he could learn about SEO.

And, if the money is borrowed and you lie on your loan application about that (they will explicitly ask and you will have to explicitly lie if you want the loan) then you're committing loan fraud.If you have to turn right around and sell this property for some reason, I,as the lender of the 20% down, will suffer a 50% loss. 

Personal guarantees add an extra level of commitment from the borrower.

I fear this may be a lifetime of commitment with no outs.

What is the time commitment to be successful in this strategy?

I can definitely see how a commitment on that partnership is very risky.

@Andrew T. you have it correct!