If one partner unconditionally guarantees the debt, this can sometimes require some side room guarantees to that partner to ensure no one recognizes a capital gain.As a few others have alluded to, there is a secondary problem known as a "debt financed distribution interest expense." 

I’ve invested with both wellings and sunrise   Wellings invests in other peoples funds   They do the due diligence on various operators and invest in only the best ones. 

Cap rate is about 5.5%, but cash flow is less than 100 USD per month.The TK provider is well known here on BP, and they are known to have a decent tenant management.

Just got off the phone with another DIY landlord looking to hire a PMC.
They really didn't like our response to their question, "How long does it take you to find a tenant?"
#1 they were uninterested in hearing abou...

Whichever method of lead generation you decide on, aim to establish and maintain a relationship with prospective sellers. 

Hey BiggerPockets Fam!My name's Cody, I have been listening to the podcast for years, and I've read all the books. I'm a single father, been raising my two daughters since they were born, and am ready to start buildin...

Comes with a known rate, a known term, a known payment. 

., set salary, percentage of profits, or other methods)?

Lake Lure, for example, has more to offer, is more well-known, and is closer to some other great towns like Black Mountain and Hendersonville. 

BRRRR method is also a great way to go - good luck!