If you are going to partner with 20 people (or 1 for that matter) and they are not the main decision makers and doing the "day to day," then you are likely offering a securities and need to do a full offering.

@Greg, Probably judicial foreclosure on deed of trust to secure assumption (usually of the spouse that got the house in the divorce gives the other a lien to ensure the mortgage gets paid). 

I am currently in a secure position to make this transition and feel the need to advantage of this opportunity to get out while I have the resources.

I am needing a purchase agreement for Michigan that includes a section on repairs the seller will complete, security deposits and the seller financing terms we have agreed upon.

It isn't public in the same way that the address on the state filing is. 

Last, but not least I'd suggest speaking with a securities attorney in general on the investors' topic to ensure full compliance with the laws. 

Im starting too and feel very lost just because i dont have who to work with, im re searching studying and connecting dots lil by lil my self, but is not complicated, but a patient game, first secure a buyer list, make one, go out to meetings, groups and meet Realestate investors even online call them ask them of they requirements, they needs,  what they exactly looking for and then match them with the houses.

The first reason is for the public school district.

Would you let random members of the public go wandering through your home without being accompanied by someone in a position of responsibility?

On page 3 of the application form, under FEES, the box 1 is checked which states '$50 to be applied to the security deposit upon execution of a lease or returned to Applicant if a lease is not executed'.