However, it's not specifically designed for real estate or for property management aspects so you would have to note balances of tenants manually on the back end. 

Also, with FHA, family members can give a gift to help with down payments. 

It's like getting a gift for Christmas.  

A MLO license is not a CA broker license, thus, it seems a licensee with only an MLO designation wouldn't have access to fractionalization. 

Also, if you're paying less than fair market value, you may need to be careful regarding gift taxes. 

They are very knowledgeable regarding fund design but mostly act as a high priced facilitator to connect you with securities counsel.

I will however need a design review for a long list of reasons. 

Additionally, I can receive $40k in gifts from my father and ability to access a $20-60k loan from family at 4% APY interest.

Unfortunately, this is the primary reason I do not use third party vendors for rent payments, and I have posted on here a few times about this (usually when someone posts about a fraudulent clawback), despite the throng of enthusiasm for the continued use of these methods.Each one of my tenants is given a pre-designated bank account (idenitifed in the lease) to which they deposit rent. 

For example, MEP plans are not required for permitting, but if you are designing a complicated house, having a MEP plan certainly helps to guide the trades to know exactly how and where to install the fixtures, versus something they have to figure it out impromptu in the field.