Hey Joseph, my understanding is that if you wanted to team up with an accredited investor though an LLC in order to invest, both members of the LLC would have to be accredited.

I'd have to see your overall layouts but I think you are on the right track. we build 3 story stacked triplexes and it's very efficient so don't be afraid to go up either. anytime you build more than 1 structure costs are much higher but if its just to offset mortgage and you want to be separate then I understand. 

I talk to so many people who regret not getting a PM up front because they are having problems or high eviction rates doing it alone.

Over time your property value will continue to go up, which you cash out on the sale.3.

Keep it up

Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.

I am also a mortgage broker so we can hook you up on the lending piece.

It seems like there's a lot of opportunity right now in that SEPA and South Jersey area (I'm on Long Island but have worked with folks who operate down there), and you're setting yourself up with smart partners, so you're ahead of the pack here already.I do have a good relationship with a strong commercial brokerage firm in that area, let me know if that would be a useful connection for you.

Once the TSMC is really up and running, it will only amplify that.

If no mortgage and/or if the mortgage and the lease doesn't restrict assignment, then you can set up an LLC, warranty deed the property to it, and assign the lease.