Quote from @Sharad Bagri: We are a few friends from California looking to invest in multi family real estate in Ohio.

Maybe they give up partial interest in the property or convince a family or friend to help them because otherwise they will literally lose the property.  

@Charmaine Alard why don't you start with comparing the rent you charged your friend vs the rent you could have charged according to Zillow Rent Estimate or Rent-O-Meter.THEN compare that to what a PMC would cost.

The seller will most likely ask their friends and/or family about it.

This is more person and human friendly and good for newer investors who want to build locally.

I invested with friends so the lost some money but it is enough for me to scare about this game.

A friend of mine used to do that.

@Fiona Layne-GerminBeginner-friendly strategies for building long-term wealth include house hacking, buy and hold rentals, BRRRR Method, real estate syndicatations, rent-by-the-room strategy, short-term or mid-term rentals, and partnering with experienced investors.

@Karl Kauper Sadly MA is a very tenant friendly state. 

It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on.