Quote from @Bryce Markey: Don't get involved in personal matters.

@Basit Siddiqi true. the other side of the coin is with rehab situations sometimes there are issues with the property that prevent lenders from getting involved.

“The ability to attend to a task and stick to long-term goals is the greatest predictor of success, greater than academic achievement, extracurricular involvement, test scores, and IQ.

Things I would ask them:What is your involvement in your own deals, day in and day out?  

However, keep in mind that this arrangement may require more involvement from you, especially when it comes to marketing and selling the property.If you're exploring specific markets, I’d recommend looking into areas with strong demand for new homes.

I know there are investment platforms where sponsors can connect with investors, often at a premium, but I’m curious about other proven methods that don’t involve purchasing a list of accredited investors.For those of you who have successfully raised capital, what approaches have worked best for you?

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

@Greg Scott had some great perspective on when TK may make sense based on our goals, experience level and how involved you want to be with your investment properties. 

Specifically i found that we had to coordinate keys, the seller move out, the closing times, wiring instructions, and various other little details to get the deal done... being this was our first one, it was unclear who communicates all of these as there was obviously no agents or brokers involved.  

.: You would have to be NUTS to get involved with one of these multi family investments right now.