Be it parents, siblings, whomever.

In my experience, what has scued the number was that there were several units purchased by siblings and then so called rented to their parents.

The 50% rule is very easy to work with, and I agree with @Jon Holdman that it gets terribly dicey to start projecting with too much detail, especially on things that can be unpredictable.Coming from a family of lawyers (3 in the sibling pool, none of them practicing on the West Coast) I tend to rely on counsel more than the average person, and I don't want my analysis to be off.Thanks, guys!

Q: This would allow us to utilize the Real Estate Licensing for any entity while keeping each sibling separate?

If you have siblings who don't "have time" to be involved but feel they are being left out, it becomes more complicated.Keep things headed towards relatively simple easy to understand investments.

Then find him in the census records and find his sibling's names. 

Just one right decision that has changed the course of my life, my family's lives, several of my siblings and her siblings' lives forever.

Other siblings are paying the taxes and are ready to sell it. 

Relatives like brokers siblings are OK. 

Use money you save to invest in the stock market or property and/or to prepare to buy the home from your parents/siblings in the future.My parents financed the purchase of a $650k home for my brother and his pregnant wife.