Assuming this is in fact a good deal, and your friend is a qualified GC, instead of trying to be the lead investor, he should be searching for someone who has the balance sheet to take down this deal on their and be a transactional participant.

Currently I am working on 2 single family homes, with the help of my realtor and mentor, Gloria N Gear. 

I own a single family home in Socal that my wife and i currently living in.

Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.

Hello Bigger pockets just dropped the blog link attached with current hedge funds buying single family homes .

Hi Shane,Congrats on the new addition to your family!

Investment Info:Single-family residence fix & flip investment.

Quote from @Joyce Beck: @Rachel Hadass and @Ivorie Walker I'm right there with y'all, balancing family, job and RE. 

Quote from @Kevin Hoover:  Input needed for least tax methods of unwinding a family partnership in the next 13 years. 

Airbnb already became a synonymous for family vacation.