But we are both committed to fully recovering them, so we can make more money and put more money away for investing. 

These monthly commitment plans don’t seem to ever work out.

Also, I know its subjective but there are no B neighborhoods in LA with $500k duplexes, not a big deal but I think its important to know where you are making the commitment to buy, and if it is truely a B area then $500k may be a home run based on mkt value. 

I have a group of friends that is willing to commit about 300K of capital for me to BRRRR with. 

If you take out a primary-residence mortgage without the intention of remaining for that year, you are committing mortgage fraud--not good.How much equity do you have in your current home? 

If I'm going to live there I want to see it before I commit to buying it, again though if I see one unit that's fine with me.

We are finding and selling around 40 of the best off-market properties every month and have a committed following of investors. 

I won't give advice and I won't commit to a specific strategy. 

I found out a few months ago that one of the guys got committed to a mental institution and his wife divorced him while he was inside.

I'd do my homework before I commit...have you done inspections or gotten rehab estimates (and not the estimate that the wholesaler gave you).Don't let emotions drive you, think it through and don't be rushed.