@Andrew Bonavita I think the most important part of this business is to take the time to learn your market.

My wife and I are Realtors and have completed two fix and flips and are about to start on our third.We have an investor and his wife who want to fund a fix and flip as silent partners and split the profits from the project while my wife and I will provide the sweat equity.Our investor and his wife have a new LLC that they intend to run their real estate investments through, and my wife and I have an LLC that we run our real estate business through.We have never done a partnership deal like this and have a few questions:1.  

Would stopping by the business be too aggressive?

I have found that PM's perform better in certain parts of town or different quality/class of homes. 

If they do not qualify for conventional loans most private money are business purpose loans and require you to put it into an LLC

Believing that making a non performing note into a re performing note is easy9.

Next lure in novice investors with promises they can replicate your success with little or no money when in actuality all you have to do is teach them how to buy low barrier single family homes and they will be appreciative because they don’t know any better :) All jokes aside, if you want to mentor/ coach obtain a real estate license and help investors purchase investment properties as you continue to learn the business.

1031 is for a business or rental, hard to imagine how raw land fits...

If you're choosing between such a wide variety of available investments, the most important criteria is choose the type of investment that suits your business goals.

Always remember that this is a business relationship.