This is what I advise my realtors on how to do due diligence on offers with preapprovals:1.

This is my personal opinion, which probably won't be popular.If you are worried about the cost of hiring an attorney to create a proper operating agreement for your LLC, you probably don't need an LLC, and if you choose to use an online site to create an LLC, you probably get the protection you paid for.

Disclosure: I am associated with this group.

If you’ve ever walked away from a deal because you wanted 100% control, this post is for you.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

If I have a capital provider whom wants to be 100% passive and is ready to invest $100k with me (cash), and I have all the syndication structure and offering documents for this project... can’t I just find an accredited investor, present them the deal / get them on board, and go through them?

With a project this size you want to 100% verify before diving in.

We would appreciate the help from Bigger Pockets Support.

They worked with me and had no issues explaining the steps and documents they needed from me.

Quote from @Brendan Jones: I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow.