U may want to talk to your account rep and get a clarification of this. whole notes it appears they do assign 100% interest to the investor .. and in my mind that is the safest way to do these. 

Quote from @Sino U.: Quote from @Aristotle Kumpis: Hey Sino.

Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes  to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim. 

And he has researched it enough to know if you do 3 or more in a year you do need to do full dodd frank. if you look at the U tube he posted you will see its just a trainer giving a once in a year or so example and not much detail how it actually works.

@Kaaren Hall with U Direct is also another great choice. 

Also how can u find partnerships or mentors?

hint - It ain't always them.There are a few "fatal" mistakes you can make in Real Estate, seems those were only "flesh wounds" but not to be repeated!

Justin made posts here about how much "he spent" rehabbing units that wound up belonging to other people. 

U can ping me I have a friend their in Honolulu that may look at this as well. 

how does one vote on the Morris U tubes do you need to be a member of U tube .. ??