If you do a search for Nomad podcast or Nomad classes in your favorite search engine, there about 100 webinars/podcasts on this exact topic and how to do it.

Find a commercial RE broker for anything larger than a 12unit (unless you’re experienced in commercial). 

Second, I hope you're using an experienced facilitator!

Experienced Landlords deal with crappy tenants that piss us off by leaving their (tread) mark while they sneak out the back door.

I'm looking forward to connecting with novice & experienced investors here to bounce ideas and help motivate.  

Also big increases in value can push IRR further upon exit.I find passive investors with millions tend to be fine with 6 to 8% and prefer projects with equity growth long term and sponsors who are experienced for more safety.You as a sponsor do not want to do deals where the investors and lenders are getting some insane interest rates and money because it will set you up for huge failure. 

I know this is an old thread, but I am experiencing the same thing.

I want to remove my bias here, so I will stick to the facts:Home had foundation repairs done in 2008 and 2012Seller had a 3rd party engineer do a class C foundation inspection on 3.20.2018 and provided the following:Overall elevation differential of 4.1 inches.  

Lend only to proven experienced investors who know what they are doing.

I am looking to close in a couple weeks on my first fix and flip, as a partner with an experienced investor.