Co-host non longer exist (at least not in the same capacity) and you don't need one.

Doing so in a foreign country where you cannot provide evidence of potential capacity to repay the debt could be more complicated.

Just the quick math on your assets, two working adults, and passive income streams, there's really no reason for you to do be a stagnant saving situation unless you're not utilizing your rentals to its full capacities.

Earlier this year, I learned about the idea of passive income and I want to have more time and mental capacity to work on these streams.

As for proving your ability/capacity to close, that's easy to prove too.

I brought in one partner who contributed the remaining 75%, and this partner was a GC by trade and had the capacity to build custom homes on the site.

Here's where I've been told to get creative.The property is currently at 100% capacity which is great!

Plus if the sponsor is the one signing on the carve-out guarantees and is the primary loan guarantor, it means that the sponsor has the financial capacity to qualify, i.e. has met the net worth and liquidity requirements of the lender. 

While the statute may say one thing it also doesn't make sense for a wholesaler to be licensed because often times to get the best deal you are not acting in a "fiduciary" capacity.

The equity is because I improved the land.Yes they are an investor in many capacities.