There is a reason why the institutional and large real estate investors who operate businesses around the acquisition and operation of their assets in the hundreds of millions employ this model.

I will certainly look into how to participate in the groups you have mentioned.

Regarding taking a 401k loan: You would have to confirm that your 401k plan allows for a 401k participant loan (and that you have not had an outstanding loan in the last 12 months - if yes, your ability to borrow will be reduced by the highest outstanding balance over the last 12 months).If yes, you can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

I think syndications are great and hope to participate in them myself someday.  

Forgery is a covered item.. although you would not have standing.We work on these types of deals.. you have to FORCE probate.. expensive and complicated.. working one right now.I would Buy Rick the Probate guys course.. he no longer participates on BP but he is an expert in these deals you learn how to work these and they can be a gold mine.But you have to be willing to risk some serious legal fees up front the one I am working on currently I will probably be in it 30k with no guarantee of success but if I do succeed.. well you can figure out the upside.

Your passive investors will apply to participate via your Subscription Documents which essentially qualifies your investors and adheres members to the entity. 

I have been trying to get more information about opening a prospective residential property to a service or institution that places adults with disabilities into privately owned housing.  

The increase isn’t from the big institutional buyers of recent years, the report says, but from more smaller investors entering in.Investors appear to be homing in on the starter home tier for their purchases, which is giving first-time home buyers more competition, CoreLogic notes.By the end of 2018, the investment rate in the U.S. housing market stood at 11.3%—the highest rate in CoreLogic’s records, dating back to 1999.Following the Great Recession, large institutional investors made up the bulk of investment activity.

And that's right...I am making connections that hopefully will lead toward participation at some level which looks like one of the more expeditious means of entry into this space.

(b)Borrower shall furnish to Lender:(1)(i) except as provided in clause (ii) below, within 45 days after the end of each fiscal quarter of Borrower, a statement of income and expenses for Borrower's operation of the Mortgaged Property on a year-to-date basis as of the end of each fiscal quarter, (ii) within 120 days after the end of each fiscal year of Borrower, (A) a statement of income and expenses for Borrower's operation of the Mortgaged Property for such fiscal year, (B) a statement of changes in financial position of Borrower relating to the Mortgaged Property for such fiscal year, and (C) when requested by Lender, a balance sheet showing all assets and liabilities of Borrower relating to the Mortgaged Property as of the end of such fiscal year; and (iii) any of the foregoing at any other time upon Lender’s request;(2)(i) except as provided in clause (ii) below, within 45 days after the end of each fiscal quarter of Borrower, and (ii) within 120 days after the end of each fiscal year of Borrower, and at any other time upon Lender's request, a rent schedule for the Mortgaged Property showing the name of each tenant, and for each tenant, the space occupied, the lease expiration date, the rent payable for the current month, the date through which rent has been paid, and any related information requested by Lender;(3)within 120 days after the end of each fiscal year of Borrower, and at any other time upon Lender's request, an accounting of all security deposits held pursuant to all Leases, including the name of the institution (if any) and the names and identification numbers of the accounts (if any) in which such security deposits are held and the name of the person to contact at such financial institution, along with any authority or release necessary for Lender to access information regarding such accounts;(4)within 120 days after the end of each fiscal year of Borrower, and at any other time upon Lender's request, a statement that identifies all owners of any interest in Borrower and the interest held by each, if Borrower is a corporation, all officers and directors of Borrower, and if Borrower is a limited liability company, all managers who are not members;(5)upon Lender's request, a monthly property management report for the Mortgaged Property, showing the number of inquiries made and rental applications received from tenants or prospective tenants and deposits received from tenants and any other information requested by Lender;(6)upon Lender's request, a balance sheet, a statement of income and expenses for Borrower and a statement of changes in financial position of Borrower for Borrower's most recent fiscal year; and(7)if required by Lender, within 30 days of the end of each calendar month, a monthly statement of income and expenses for such calendar month on a year-to-date basis for Borrower's operation of the Mortgaged Property.