Hi everyone,I currently have an AmEx platinum for personal use for which the annual fee is $695.  

A few existing homes in the community are $70k annual. 

My goal is to make 75K annually within a year through the acquisition of multi-family properties.

That loan will have some bank hand-holding that people dislike (annual reporting requirements for the first few years, all rent checks must get deposited into an account at that specific bank so they can see it coming in and have an automatic "early warning signal" if they drop off, etc), but hey in their case I'd say it wasn't unwarranted, their only track record is that of mismanaging after all. 

If he is not an experienced investor, you could create an agreement where he is just putting up the money for a 5 to 10% annual return and you do the rehab and flip.

Your other criteria should address:Desired interest rate – What annualized rate are you realistically looking to earn?

Up to $69k annually double that with a spouseIf you have no plans on maintaining self employment activity and would rather go more passive then the SDIRA might make more sense. 

Also they must register with SEC and submit yearly audited financials and semi annual reports.

I believe there is an annual limit on this of 2-3 transactions.

Most are free if you don't owe anything, but even a $100 annual fee here or there is worth it to know you have *access* to the money if you need it, later on.