As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

Some you will like and some are very 'pitchy' selling all kinds of classes and junk.Meeting people in person and getting to know them and what they do will help increase your knowledge that much more.

Personally, I'm not a fan, but I could see why some people like it. 

@Kiefer Cheney your best "farm area" is your personal network!

The questions you are asking are far to vague for anyone to have major input or guide you correctly as each person's situation is different. 

He is not in a position to begin lending money for several reasons.I assume the HELOC was made against his personal residence.

You aren't the first person to suggest it, however.

@KiKi Wood Is your person for STR set-up in Indianapolis!

Will the person get paid for that?

My favorite part is having a dedicated contact person that walks you through the entire platform and helps you get set up.