I'm extremely exited to be a part of the BP community and connect with as many fellow members a possible.

Since i'm extremely happy with my job I don't have the objective to become a REI so that i can quit my 9-5.

FYI - I am extremely selective in who I refer people to, so please let me know if you have a good or bad experience.

I forgot to mention that if you buy a HUD home as 'owner occupied', you are required to live in the home for at least one year before moving out (barring extreme unforeseen circumstances).

And neutral cash flow SFRs do not look like it manage that.So my extremely broad question is this: How do you accept investors and get a fair payout for yourselves?

Raising outward cash flow, via added debt of any type, without raising income is an extremely dangerous play for somebody in their retirement years. 

As far as how it has worked out so far, we are extremely happy we did it.

You loose a ton of efficiency and suffer an extremely reduced lifetime with only a fraction of an inch of scale.

I can see getting some fee for your time to rerent and lost rents, but 3X is the most extreme I have heard, leading me to believe it wouldn't stand up in court. 

Definitely having a 2 unit is the way to go though extremely hard to come by and competitive.