Hey @Meredith Burt, glad you're looking into the OKC area.You have my utmost respect for taking care of 6 kids and doing real estate!

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

He also used to work at a large respected property mngt company that manages 1000 properties. 

@Sandeep JainMy thought would be to form a partnership or a LLC with your friends as limited partners or just members, respectively.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Alerts can be really helpful too: http://www.biggerpockets.com/alertsIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

So, for this string, let me just keep my thoughts to one arena: mortgages.Even if the economy booms from pent up consumer demand for all kinds of goods and services, and experiences... even if real estate also seems to have a ton of pent up demand with a litany of buyers just ready to purchase real estate.... even if all that happens (totally different discussion as to whether that will even happen), there is trouble on the horizon with respect to mortgages.We are already seeing a lackluster interest in mortgage backed securities.

Be kind and respectful always, but GO FOR IT.

If I have two identical properties in all respects that produce the same NOI, but one is on the "good" side of the track and the other the "bad", the property on the good side of the tracks will sell for a lower cap rate, since people will pay more for that less risky stream of cash flows. 

But as long as you guys have respect for one another and the morals needed to do business fairly with one another. you'll be fine.I am concerned over the house hacking with a business parter ?

Respectfully, Stephen Rager