It really depends on what your goals are. 

also noting most people arent' aware but the credit score run by a mortgage lender and say a general lender like a bank are actually going to be different scores (and likely slightly different ranges) - with some greater weights on mortgage debt for the mortgage lender Credit Bureau settings

Maybe we will partner on one in the future.

Is it possible to get a traditional loan on the 25% and owner finance the rest? 

If you don't want to use an attorney, you can make an LLC through the secretary of state website https://www.ohiosos.gov/businesses/information-on-starting-a... or other software platforms like zen business and rocket lawyer. 

@Bob Asad, it is vastly easier to obtain a HELOC on an owner occupied residence than on a rental.  

Is there an issue with getting set up with one or more of the credit bureaus and starting to report on our borrowers?

We've already taken a few online courses and read some books, so we're getting our head around the multi-family syndication business.

I've been diving into real estate for about 10 years now, starting with reading all the books I could get my hands on.

That means now, it may be 30 days before we see any cash.Bottom line and the question I have for this group:1.