He may be able to contribute a little, but I have the bulk of it. (@50K) Maybe a flip would be best to start? 

Coronavirus had unintended consequences, as contributed to the low interest rates and low inventory, as potential seller stayed on the sidelines.https://www.biggerpockets.com/...

Rent is under 1500 a unit which I think is contributing to it. 38/60 didn't pay July rent.

I was hoping to gain some insight from anyone who has experience with the following:  I have a friend who is contributing capital in order to purchase a plot of land in FL.

Two members contributing $35,000 apiece would each receive a 50 percent stake in the company.

Are they contributing more to principle each month?

I find that with a 50/50 arrangement, there's less of an argument as to who contributed more, and if you play you cards right, as everything is a gamble, you might even wind up ahead.I once did a rehab and flip deal with a local agent, who made it his business to find such deals.

I have found the answer that I was looking for and appreciate your contribution!

In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

If you're willing to share the neighborhood or cross roads, I'm happy to contribute my two cents.All the best,Brian