It occurred to me that the reason I have not been able to find any research on this topic is probably because of this subjective nature and time consuming attribute of this weed out process.Without further ado, my findingsNew construction homes that were bought in 2017 increased in price by 28.3% when they were resold in 2022.

The same laws and procedures apply.

If your accountant offers QB training or consultation, I would recommend sitting with him for an hour or two to go over your set up and procedures, this is also important.

The house in question is located in West Milford, NJ and is a 1963 3 bed 2 bath split level on a pretty level .25 acre lot right outside of town center with natural gas but septic, well, etc.

So lucky for you partnerships dont actually need to be filed with the state, they can even be oral in nature.

I had hoped that the natural draw of Disney etc would work in my favor but there's just too much inventory.

The correct procedure is to process payments to owners from your company's operating account.

Typical assumption is that security deposit would 100% go to cover property damages - that's the whole nature of the deposit IMO. 

There are clearly downsides - the investments are even less liquid than active real estate, they are completely out of your control and they are long term in nature.  

What procedures and processes have you put in place to avoid the scammers?