Custodians are very much at the back end of the structure, and some are more friendly than others to the concept.  

Private lenders:  such as friends, family and other people they have made connections with. 

I am working the next 16 days and have not sourced a great CPA/accountant to speak with yet (I requested some recommendations from friends yesterday). 

Ask them for a recommendation for a reliable builder-investor friendly flooring installer.

My sister and her husband will be moving to Austin for his job next year, and thanks to my constant chatter about BiggerPockets and real estate investing, they're interested in house hacking by buying a small multi-family and renting out the other unit(s) to cover their living expenses.They aren't on BP, so I'd like to help connect them with a few competent, investor-friendly real estate agents in Austin who have some multi-family experience.

Although if I have the time for it I wouldn't mind giving it a go.My main focus is making my own investments and helping partners/friends invest in Nevada as well.If anyone has the time to meet with me and talk some more I would be happy to hear from you!

Definitely very high for owner occupancy by me. a friend of mine literally just locked in at 3.5 on a 20 year yesterday.Of course it depends on your credit, etc.

I want to invest in real state because I have passion for plus I could get cash flow every month and also is tax friendly and last I love ugly houses for some people may not like but I see opportunity when other people see problems

So my question is, when partnering with an investor/friend/family member how do you legally set up the purchase to ensure cash flows are paid out as agreed?

One of my really good friends just moved down to Hermosa actually.You're in a great starting place!