I've done the math on a few dozen of the buildings and individual units for buyers and have rarely found something that will truly make you more than a 4% cap rate.

@Spencer Cuello are you looking to invest with a group into a syndication or as an individual investor as the managing member of an LLC?

Some counties and states do not publish criminal information so you have to go to every county to search.If there are any red flags, I will conduct a Google search of the individual's name and the city/state they've lived in according to their application and their credit report.

The rental thing is fairly new to me, and I haven't understood the bookkeeping aspect of individuals who own multiple properties.

Your choices are limited since there is only a handful list of lenders who offer such loans, but it is sufficient.

With my background as an electrical contractor, flipping seems like a natural choice, however, I'm also interested in BRRRR as I'd like to hold some properties and rent them out.

But here's where it changes: The definition specifies that "The choice of specific adults comprising the single non-profit housekeeping unit is determined by the members of such housekeeping unit rather than by a landlord, property manager, or other third party."

I have been reading up on all the requirements and plan on being super cautious in investments while avoiding self dealing and working with disqualified individuals.

Tom, were you ever able to find a company or individual that purchases remainderman interest? 

Would love to know where you are finding an individual to help with this.That duty of course would be on top of the typical tasks of helping make calls and fill the pipeline, and organize/set meetings etc.