Quote from @Jessie Matlock:One of my main questions is, I've been told I'll receive a K1 statement and that my monthly returns will be tax free. 1) Is it true they will be tax free? 

BP meetups for instance is mainly an excuse to have a beer and maybe happy hour type conversations.. i hosted one and went to one..

I mainly am curious how people have raised capital for their first properties. 

As a licensed Real Estate Broker in Maine, I managed the acquisition and renovation of 1272 Lakins Rd, Etna, leveraging my expertise and industry knowledge.

For the main house, I'd get a washer and drier. 

Hard money lenders have a good amount of flex when it comes to FICO score and typically the main issue that borrowers with low FICO's have is that their max loan size gets cut which doesn't seem to be an issue here.

That statue mainly applies in situations where the mortgagee --- for whatever reason --- fails to record a satisfaction document.

And that's the fact that the main entry point from an intrinsic standpoint on RE was during the outlier period.Real estate is not an intrinsic day 1 asset.

Most of the ultra wealthy individuals sacrifice a lot to obtain their wealth, and I won’t make those same sacrifices.Similarly, I don’t desire to have 5% body fat because I don’t want to put in the effort required for it.I understand that ultra wealthy is subjective, but the main point stands. 

The other option for value add is to do it yourself by approaching potential sellers directly via the phone, snail mail, or knocking on doors on main street USA.