So there is a legitimate reason why the prices are going up there, as opposed to places in North America where prices are fuelled by artificially low interest rates and too many investors chasing too few properties.

To be safe, treat each of the 4-6 people separately i.e. you borrow separately from each person as opposed to pooling their funds first and then borrowing them.

I prefer warranty deeds opposed to quit claim deeds. 

It is actually easier to invest in the "Inland Empire" because the properties cash flow as opposed to other local areas.

Not opposed to another in Chicago suburbs if the numbers are right, I do like the idea of diversifying a bit with Indiana.

Opposed to having 10 different guys for 10 different issues.

Its an energy focused certification opposed to LEEDs more holistic approach.

@Andrew PettitGenerally BRRRR connotes rental real estate (as opposed to flips, developments, or operating businesses).I'm curious if there's a disconnect between you and your CPA. 

It is financially wiser to sell personal homes as opposed to holding them as rentals.

And its certainly a heck of a lot more fun to visit your property in Vegas as opposed to going to Lubbock...