Somewhat unrelated, but I do not allow BiggerPockets to do business with partners who require their clients to sign agreements or otherwise agree to terms that prevent them from leaving what they feel to be honest reviews on BiggerPockets.

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

You dont need to be a citizen of this country to own a business .

If you have your own business/self-employed you might qualify for a Solo 401(k) or multi-participant 401k whereby you can self-direct into real estate with those funds. 

I will take that over 200.00 a month positive cash flow :)  All the while running my Capital Partner business and funding over 120 deals a year for my hand picked clients. lThat's a nice combination.

If I put myself in the shoes of the outside partner/investor friend, I would be very concerned because: 1) unclear and/or potentially conflicting business plan, 2) even with clarity in the BRRRR business plan, unclear in the viability of pulling it off with these market conditions, 3) the chances of dispute seems very high, especially if you're going to live in. 4 years ago, I went through a  similar thought process when purchasing an investing property with mainly my family money, while considering an outside investor to rehab for higher STR ROI... 

Assuming you could take out a couple 100k you would have the buying power to start a cash recycling business (brrring or flipping).

Do you not realize that If one software worked, do you think any other software would still be in business?!

You would build a way better business.

Me personally I look at my rental as a business everything is paid for by rental.