This would be my first real estate investment, making the decision even more critical.I understand that backing out would mean losing the $2,000 earnest deposit.

And in part, it depends on the investors and capital that you have access to (this tends to play a factor in many decisions when raising outside capital).If you do want to go the fund route, you might want to consider using Avestor. 

The original trial court decision granting an injunction against the enforcement of the CTA and having to file the beneficial ownership information (BOI) reports has been reinstated.

In this case, they get equity but do not make decisions. 

➡️Underwrite deals with data-driven decision-making.

Make an informed decision if you think people are properly trained?

Would it be a poor decision? 

Quote from @Benjamin Finney: I'm curious what real estate investors and private money lenders like myself use to inform their businesses strategy and predict future market conditions.

Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it?