Develop an operating agreement that spells out the purpose of the LLC who has what role, who makes decisions, how are differences between the two of you resolved and an exit plan.Have an attorney draft up the document so each party is protected.  

AB 671AB 671 lowers costs through government incentives for building ADUs with affordable rent.The bill would require the Department of Housing and Community Development to develop a list of existing state grants and financial incentives for operating, administrative, and other expenses in connection with the planning, construction, and operation of accessory dwelling units with affordable rent.

Not to mention you can scale infinitely with a Series LLC.You can also set up an additional traditional LLC on the side to perform your "operations" that would separate the liability for operations from your assets, or properties.

I was hoping for leads to specific brokerages that actively operate in the investment space.   

As we've scaled operations, we've significantly improved our origination process, from application through closing and repayment.

In terms of ROI typically I try to price it so that i make about 20%-40% of my money back in the form of equity and operating income.

@Joe Villeneuve it seems you are operating in an environment I am moving towards. 

Assume your buddy is going to prison and decide if you can operate without him being there for you. 

The goal is to bring together the brightest minds we know regarding syndication, how to replace your income, self directed IRA, how to crowd fund, and advice from private equity and student family operators with well over $100M in assets (both did this in their lifetime with zero inheritance).

Then if you want another degree of separation, you can then create a side traditional operating company that owns no assets but does all your contracting for you.