If all of you will be on the mortgage, then you could treat the investment as tenants-in-common, which means that you each own a specific fraction of the property and you split the revenue and expenses proportionately. 

If you did this it would be for short term borrowing and at a small fraction of your portfolio value. 

So many unique high-end boutiques and fancy restaurants would make you think you are in California.All of this for a fraction of a cost compared to a city like SF.

@Caleb Stevens unless you need some serious deep cleaning on really expensive carpets then your best bet is to rent one at home depot for a fraction of the price.

I plan to complete those units at a fraction of what new or purchased units would cost me.

The cost is a fraction of what a comparable size stick built would be.

It has made more sense for me thus far investing in the outside areas and collecting pretty much the same or close to the same in return for a fraction of the investment.I definitely agree on the financing portion.

My brother, though mostly irresponsible, is very handy and do a large amount of the general repairs and maintenance that will be needed on our investments at a fraction of the cost.

My brother, though mostly irresponsible, is very handy and do a large amount of the general repairs and maintenance that will be needed on our investments at a fraction of the cost.

Generally most multifamily syndicators own a part or fraction of the property.