It isn't something you can pick up in a few Forum posts.Honestly, if you need private funding, you're best off finding an experienced private lender and doing at least one deal with them to at least see what's involved, long before involving your friends and family.That is, unless you don't particularly like having friends and family...

I recommend at least 3 different states and 2-3 countries need to be involved if you want true anonymity and protection. :).

Also debating HELOC (more involved but better rate) vs Asset backed LOC (easier but not as attractive rate).

There are no real estate agents involved. 

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

Was Andrew Weiner the only one not involved in the indictment? 

No hoping, waiting, timing involved.

Uri Gofman, weren't you and Alexander "Alec" Vinokur from Realty Now all involved in an indictment for mortgage fraud?   

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

This could involve a right of first refusal for the other party, buyout terms, and a method for determining the sale price.Rental and Use: Define the rules for renting out the property or parts of it, including how income and expenses will be divided.