Look for some of those to go in as an LP (limited partner) and learn and grow your knowledge, skills and investment money so you'll be ready for the next accredited deal. 

I'm sure there are more FHA loan experts on the forum, but in general a borrower can only originate 1 FHA loan at a time since they are required to list the property as their primary residence and live in it for at least 1 year.

Made money and learned a lot.

However I believe it’s great to have two independent sets of eyes (in addition to your own) on the books to make sure everything is accounted for and running smoothly.

Make sure to mention you are a BiggerPockets member as you special discounts on establishing Checkbook Control with the IRA LLC, along with personalized support.   

•For your next purchase, check if you can leverage FHA financing again—it’s one of the most powerful ways to scale quickly.Resources to Learn More•Due on Sale Clause & LLC Transfers: Nolo.com•FHA Loan Rules for Multiple Properties: HUD Handbook 4000.1•Scaling from Single-Family to Multi-Family Investing: “The House Hacking Strategy” by Craig CurelopHope this helps!

I am always trying to learn how to do better in this type of space. 

I agree with Michael.Appeal to everyone with maximum overlap instead just a few.For sure, if that approach works for you, I’d definitely stick with it!

You've got to protect your interests because no one else will; at least you now realize that you made mistakes....you can learn and fix them so it won't happen repeatedly.Maybe the friend/family member will be inspired by your actions to buy their own house/rental unit. 

Currently, I’m in full research and networking mode—learning, looking to connect with local investors, and exploring my first investment.