You have a separate individual inspect the quality of the clean for each turn?

If the tenant pushes back, you can consider screening the individual and then adding them to the lease.

However, they do have 11years of investment experience under their belt (100's of multi-family rentals, flips, etc) Would this individual have any options for financing more multi-family? 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

You just need to close correctly and legally.We have several information and instruction documents we send out for free to anyone wanting to learn.I will reiterate -- no fight intended -- just advising what we have seen, done and developed over the past numerous years.Stay safe out there guysAlan 

This is an internal accounting requirement  You can cut a check to any member as a drawing or return of capital, to them individually, that's not an issue. 

Instead of spending money on education which is available for free, I would attend REI meetings, conferences organized by real estate guys radio, Joe Fairless, crowd converge, New Orleans investment conference etc to network and meet like minded individuals.

Currently, I am in the process of negotiating another commercial building and an additional industrial warehouse adjacent to my initial investment.Looking forward to connecting with like-minded individuals and exploring potential synergies.

Leaving aside if the JV is the best way to fund and assuming its not a scam than the fee is probably a very wise business move because a large percentage of the deals you see are from people who are delusional or are not taking numerous things into account (delays, closing cost, wrong comps, time, etc.).

This marks a departure from the previous multiunit financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes.This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership.