This is what I tell people all the time! 

hey Jerome, we've had a lot of great success on Facebook marketplace, lots of people are using that for all kinds of things, it's pretty much the new craigslist.  

In the past, once people graduated high school/college they moved out and it was socially embarrassing living with your parents.

At this point with my network and contacts i have really good deals at my desk many times but i have no capital to buy them and i kinda hate it, just wanted to pick the brain of the experienced folks here, should i raise capital and include other people and help them get 8% cash on cash and be partners and if so how and from where as i have never done this before?

Truly, finding good people is difficult with an added layer of complexity when you cannot physically meet them   Or go see deals in person.

Yes people lose it all, typically because of over leverage or crazy events like 2008 - but if you also have cash reserves you can offset any downside to minimize risk even moreWhen people start using lines of credit and seller financing at 90-100% you are correct those people have a very high chance of losing it all.

Their program may work for some people.

Besides survey issues you have to deal with HOA's, obtain tax clearance letters from the government and all deeds, except condos, must be attested by the public surveyor before closing (that in itself takes a week).I don't want to discourage you because I think investing in the islands can be lucrative, I have just seen many people from the states go in thinking that because it is the U.S. that it works like it does in the states.

If you have switched jobs and your retirement is in an IRA vs. 401k, maybe consider rolling it into a self-directed account to invest in other people's deals with that money (aka private money lender, syndications, etc.)

I would suggest to get started on your education requirements to get your Real Estate License, to me it seems like a lot of the courses go over contract, and once you understand how a purchase and sale contract works, then you can go out and write offers, and purchase properties.4.