One would need to target that small segment with that specific need (foreclosures and probate sales as you mentioned) If those are the kind of deals you're looking for.

I understand when purchasing/titling properties and therefore holding or selling properties, in the name of your LLC, you create and operate a separate and distinct entity. 

That’s an important distinction because your end buyer’s bank likely won’t include that fee in the loan, which means your end buyer will have to come out of pocket to pay it.

As a novice in this market segment, I have ZERO issues with partnering with a more experienced investor, and giving up a sizable portion of the deal in order to acquire it, and then refinancing them out once I am eligible to do so with the property in our possession.

In all of my research there are mixed feelings on whether or not there is a huge crash coming in this segment.

I find many of my clients like that I also invest in all market segments, SFR(mostly), raw land, airbnb, small MF. 

Inexperienced or conservative investors do not grasp the concept that every property has two distinctly different income streams.

Why would GF spend 5 years losing millions of dollars/year to prove a concept (RECF to non-accredited investors) when ultimately that segment would make up less than 3% of the company's entire funder base in order to IPO? 

Are there any distinct advantages to one or is it more based on my credit score, debt to income ratio and down payment as to which may be more advantageous at the time of purchase?

welcome to BP's Lisa. we are in Lakewood, and carry the distinction of being the longest running newbies on the forum. best of luck