I'm still learning the industry,  but I have been able to partner with a CDC based out of texas and they have been a great help and they have allowed me to get involved with getting investors for their project and I'm definitely excited for it.  

You may want to involve an attorney for the purchase and sale and mortgage agreements though... 

A few questions:Have any of you been in a similar situation where multiple partners were involved?

Please do your research before getting involved with this "Guru"Many members of bigger pockets can attest to this.Regards,

@Josh WillisHouse hacking involves buying a small multi-family property and renting out units to cover mortgages.

My name is Chris, looking to start getting involved in making some passive income.

We recently did a loan involving a borrower with a mind-numbing operating agreement involving nested LLCs, retirement plans, and individuals. 

You don’t get involved personally.

We found ourselves wasting an obscene amount of time doing our due diligence where we doubt that the vast majority of bidders actually understood the costs involved in the rehabs.

However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.