Document A:Except as otherwise provided in this Agreement or required by law, distributions of cash receipts of the Limited Liability Company shall be in the following order:-To the Asset Manager of the Limited Liability Company his fees as described herein; -To pay the debts and expenses of the Limited Liability as they become due;-The establishment of a necessary reserve of funds as determined by the Managers in their sole discretion;-To [redacted] of a preferred return as described herein;-To the non-managing Members of the Limited Liability for their preferred return as described herein; -To the Managers in proportion to their membership interest and finally to the Members in portion to their membership interest.Document B:Section 4.02 Cash Receipts.

@James Sanchez You must speak with a qualified attorney if you are considering something like this.It can (generally) be done, but must be established and operated properly.  

Once that is established, look at you finances to see if you could weather a bad real estate situation.  

I am 19 years old so i havent really established a credit score yet and have saved up about 6k.

Get your business structure established and make a business plan.  

Although it's 30k under the list price, eventually someone might say yes.Are you saying that the average deal in California is either: 1) diamond in the rough, acquired by hard networking or luck, 2) requires appreciation to get a decent ROI (gambling?)

Your guy from the Netherlands needs to establish a LLC which will own the properties.One additional step involves filing paperwork with the IRS.

Even though it may pay off in the long run years down the line, Atlanta has plenty of rent friendly areas that are already well established that will give you a great return on your investment.

Establishing pricing and fee structures should be top of mind.

Establish a method of contact to you.