So this brings me to what ideas and questions i have: i am looking at a nearby new construction multifamily property (townhouse), where the area/location has great schools and convenient  to many amenities such as shopping and easy access to downtown.Also, this townhouse is a new construction property and should reduce or eliminate  my expense cost for the first couple of years due to warranties.  

Garret, this is a great idea.

@Travis Sperr, has the right idea though.  

I've heard many warnings about dangers of partnering with friends so we're both just tentatively "sharing ideas" before putting pen to paper. 

The idea is to share flip,wholesale , apartment syndication etc deals with our investors ?

You would have to leave your cash & your down payment "in" the deal for 6 months.Now...consider the idea of using hard money or private money to fund the purchase and the rehab on day 1 with none of your own money down. ....so there is none of your own cash in the deal.

I was then told there had been damage, and it would therefore not be refunded.I asked for evidence, and was sent photographs of a scratch and some scuffs to an elevator door surround, along with a note saying the area had 'just been painted'.I have no idea if these marks were there before.  

Then I had (what I thought was) a brilliant idea, Mobile home!

I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

I look forward to connecting with you and providing creative ideas and add value to this forum .Sincerely ,Debra