My partner and I will be doing most all of the construction our selves.

If you own land close by you are probably aware of the rapid increases in land values based on a strong economy and the proximity to the Domain (the new Downtown) just 2 miles away.

I haven't done any crowdfunding ( though I would be interested to see how it works for you).There are other ways to raise money though.....Loans,Partnerships, private money, hard money, etc.If I were you (and this is just my advice so take it or leave it) I would find a partner with money, offer to do the sweat equity.....put together the deal, maintain the property, manage the books, etc and let him just give you the money.Hope this helps....keep us updated!

That aside, if I were, then I'd likely either go out of state as a lender which is more passive or as a partner in a private placement (syndications, etc.) whereby if the general partner makes more money it means that I'm making more money too ...

Hey interested if there's any local broker managers that are looking to build a turnkey business or work with one in Rochester ny. looking for a smaller brokerage or partner.

The entry points for real estate are very high in the area I live in and the returns on cash flow do not make sense so me and my business partner have been looking at avenues in other states.

Say I want to partner with someone to buy a multi for $400k and after all expenses there's $800 pm positive cash flow.  

For RSO I strongly recommend you get some solid advice on that. 

Any strong recommendations?

Some good ones are:1. subject to my partners approval (your pet rat can be your partner)2. subject to 90 day inspection (HOPEFULLY you can broker it by then)3. subject to 40 year mortgage at -0-% interestOperating as an unlicensed broker isn't an easy job.