I'll spare you the details, but I had a good 21-year career in the military because it provided a decent paycheck.

I've seen some top investors do this too.Another thing i've noticed in Louisville, Remax listings in St mathews, Highlands, Clifton areas sitting for awhile.

Providing funding is great but if you can't find a property it is useless.  

A fairer allocation of risk here would entail your partner signing for the loan and your providing the collateral. 

No one thought of this as “wholesaling”, or thought of it as a stand alone business, or thought to provide seminars or mentorship’s on the process.  

You also haven't provided any numbers about ROI or cashflow - how good are these properties performing?

Yes, provided the contract you are using has the five-day attorney review period.

Businesses that only charge, say, 8-10% on rent and that don't charge ancillary or per-occasion fees are not making any money on the landlord's property, unless of course they are not hiring any staff to provide full service, in which case, I would stay clear. 

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

On top of that, if the property is being used as an STR, most lenders will want to verify that you have experience owning managing short term rentals.