If I am reading correctly, they are simply supplying the money for the partnership. 

Simply amazing and very informative.

The majority of the business I do is buying small multi families and identifying the towns that are more favorable for investing. 

Simply because rates are higher, homes are not selling, and deals do not work.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

For expansion, innovation, or simply covering cash flow during slow periods, access to capital is often a barrier.

Since you already know that you want to focus on BRRRR, next you should identify your market.

You need to set some criteria to help identify your "quality deal."

I would first identify the area(s) that you think wil work and then dtart riving around.

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