They simply confirm what the lease says. 

I am not a lawyer...repeat I am not a lawyer, but depending on the circumstances and your relationship to your partner(s) you may be able to simply collect funds without forming a syndication.

As someone who comes from a software/data background, I simply to do not believe that multiple offers "just happen" on homes that have sat for weeks/months AND there was no price drop to trigger interest. 

The income I earn from originating loans is what I would like to use to invest in real estate whether it be for down payment/closing costs/rehab or simply to buy cash not sure yet. 

I'll try to keep this short: When there is a Judicial Foreclosure between ex-wife and ex-husband (still on mortgage together) where Wife is foreclosing on the other - and if it ends up that there is no 3rd party bidder/buyer - what are the fees that the foreclosing party (Wife) will expect to pay since she will be the "winning bidder?"   

Stan,FHA financing is simply not possible with self-directed IRA.

I don't see why your agent wouldn't simply answer those questions for you.

I went out of state, simply put I tried to make it work here (1031) but could not for the life of me get an offer accepted at a price point that'd work for me.

My two partners simply brought the deal to me. 

@Johnny Corbett Generally the cash flow from multi family properties will allow for a greater return simply because of the efficiency and costs associated with purchasing say a duplex vs a sfr (obvious variables simplified).