For those interested, I am using the Small Company Offering Registration ("SCOR") form U-7 as the main disclosure document, rather than the S-1 or federal crowdfunding document series that companies use as the basis of a 'prospectus' for federal (SEC) filing.

He may want to do it as an LLC himself. you could even form an LLC that has the two LLC's as the ownersI believe a one time one off deal like this may be referred to a joint venture.I would talk to an attorney in your are who is familiar with business entities to be sure to set it up properly

Keep Me Posted For Some Joint-Venture Deals In The Future!

Does anyone know of any software that one could run a cash flow split analysis for a joint venture?

That $10K would be all available, or the IRA could joint venture with another investor not considered a disqualified party to your IRA (you, spouse, lineal family).An IRA may borrow, but must use a non-recourse loan, meaning no personal guarantee from you or a disqualified party. 

Idea...Have mom list her home, sell it, put the proceeds in the bank in a joint account with you on account.The wait a few months, then purchase another property as an Investment Property with 20% down.Move mom into it, remove yourself from her account, then do a Lease Purchase, (record the lease) structuring it with you giving a credit to pay closing costs and after 12 months of having her making payments to you,  have her refi into her name.  

Here's one data point based on my experience with a SFR home in Harris County (West U).

It's important to determine what you are looking for in your ROI numbers especially if you plan on Joint Venturing these out.

@roliprasad sure will and thank u for the nice kick of optimism, definitely need that :) will be in touch soon hopefuly 

I started by doing joint ventures with homeowners, contractors, investors, etc.