In order to avoid needing to create an SEC registered vehicle, I'm structuring this as a Joint Venture, which to my understanding does not need to be registered if the equity partners are not completely passive (and only a limited # of partners). 

They were there for three hours, tossing the house and vehicles.

We're not into the racing scene but do quite a bit of Chase-truck and support vehicle modification for the racers.

Joe refinances his home, pulls out $100K, uses that to pay off $15K in student loans, the rest of his $13K vehicle loan, and applies the balance as the down payment on his first rental property. 

Items of personal property, including but not limited to window coverings, appliances,manufactured homes, mobile homes, vehicles, spas, furniture, appliances, antennas, satellite dishes and garage dooropeners now or hereafter located on the Property are not included in the transaction contemplated by the Agreementor the purchase price unless the personal property is specifically described in the Agreement.

(wait wait.. lets just call it HP just for the sake of this example)  to get the required torque in a vehicle.. lets say your toyota corolla 96... to haul your favorite 4ton pig to the baconshow.So what will you do?

My suggestion would be to figure out what you want your future to look at and how much money 💰 you need to make that happen.Then I would decide on which investment vehicle you are most excited about and focus 110% on that niche.Jack of all trades, master of none.

Sometimes you show up to the house and his vehicle is in then driveway, but you have to go searching the house for him.

Unlicensed, non-running vehicles can be very costly to remove in many areas; tires, drums full of who-knows-what; construction debris...these are just a few items you could find once someone stops paying the rent on their storage.

If you're looking to focus on your primary source of income and build up true passive cashflow, it could be a vehicle to look into.