After that the dynamics will likely change as 5 partners is quite cumbersome.

Are you trying to save society by teaching them "an immensely important lesson" by playing the "race card" while using the dynamics of the housing boom/bust as your lesson vehicle???  

If you need detailed abstracts (Chain of titles, titles, deeds, encumbrances, easements, row, and everything liens verifications) from Harris and Galveston counties, or photographic reports of real property,  and visual inspections, just message me ;-) My profile with BP is supposed to forward those messages or alert me.

(Audio visual equipment, expensive bed, appliances, etc.)

You need understand the market dynamics and to recognize that there are multiple metrics that can contribute to your final decision about a particular property -- and that some may carry more weight than others.

I prefer less return on my money with less headaches as I work a full day job.When you get s certain type of tenant in one of your buildings it can turn out to be a nightmare (ask me how I know) ONE tenant can disrupt and change the whole dynamics of a property and or neighborhood for that matter.If anything I would be a silent investor in a war zone property with total hands off!

What I don't have at my disposal are any MLS or market dynamics (e.g. are these listed properties?...

I use PHP type scripts that have dynamic content...

And a visual tour will clearly be able to demonstrate why that is the case.

As I'm sure you are fully aware, most of the time buyers just cannot visualize the finished product.