I've been using this downtime to solidify my investing plan, expand my knowledge of the market/industry and now beginning to form meaningful business relationships.Those with experience investing in Fayetteville or starting out like myself, feel free to reach out. 

I've learned a lot already and hope to be able to contribute in some way.

I love so many things about it.I look forward to interacting more with you all on BP and hopefully contributing in some way.

@Sandeep JainYou should get an appraisal/valuation done on the property so you and the partners know how much the property is worth today.Transfer/contribute the property into an LLC and have the others investors put in a contribution(Cash).Speak to an attorney about drafting a partnership/LLC operating agreement.Speak to an accountant about preparing a partnership return and providing a K-1's to each partner/investor on a yearly basis.

Some states, such as Texas and Florida, have unlimited protection for all money in any retirement and or pension account, as long as the contributions to the account were made in adherence with Federal guidelines.

I want to avoid "Shiny Object Syndrome" while taking meaningful action and that led me to a false belief  that I had to be buying properties already or I would never be a successful real estate investor.

These repayments will not count toward annual contribution limits. 

Thank you for contributing!

There are still concerns that FHFA's refusal to help bear some of the harm that its policies are inflicting on mortgage servicers will continue to restrict funding available to home buyers and evaporate a meaningful percentage of demand.

Tax wise, you'd most likely be forming a partnership if your parents contribute equity (unless they are just gifting you some money).