@Brad SmithThis information wasn't provided initially. 

I was initially intimidated with sub 2, but now know its a great item to add to your toolkit!  

@Mark SenecalIt probably does not make sense to start a new Roth IRA for the purposes of combining with a Traditional IRA.Say you have $100K in Traditional Funds and you contribute $6500 (the max if you are over age 50) to a new Roth.You could setup two IRA plans and use them to jointly purchase a property, but you would be locked into the equity ratio of the initial purchase, which would be something like 93% Trad to 7% Roth (depending on purchase price, and the need to keep reserves in both accounts).  

You make most of your money from the initial buy(The deal).

The override would be on all distributions and excess returns upon sale once all initial capital had been returned to investors.  

I am working to become as educated as possible in order to be able to make the best possible decisions regarding moving past the initial evaluation stage.

Experience - always a plus - if you don't have it - have people on your team that do have it and can speak intelligently about the deal - contractor, agent, take out lender, mentor, etc.Exit Strategy - a clear exit strategy - if flipping - how long to complete repairs and relist, estimated time to contract/ days on market, plan if no offers at asking price. if a Refinance - who is the lender, have they done like transactions, have they looked at your full file or just approved you based on an initial conversation. 5+ units - how long does the asset need to be stabilized before refinance can be done?

When the transaction is initiated, each party provides its share of capital - 50/50, 60/40, etc.  

Is hard enough to get people on the phone, should you call someone and the number that isn't the lead you were calling initially, ask that lead for a referral.

Don't worry about asking a thousand questions on the initial call.