This would be the most secure option. 

I read in some books and posts that you need to secure a loan before making an offer so that you'd be ready to pay if your offer is accepted.However, Brandon Turner in his webinars and videos encourages us to make as many offer as possible after working out the right numbers using the BP calculators.

Congrats on getting this deal Harsh.First things first, you should be talking to your attorney and your CPA for legal and tax advise on how to best structure your deal according to what you agree with your partners.That being said, the structure of a deal can take many different shapes and forms and it will vary according to the type of involvement the partners will have in the deal.Are you in charge of putting together the deal, securing debt, managing the operations?

In order for my strategy to work though, I need to be able to secure the correct first deal: Value add 5-Unit under $500kThe goal would be to force appreciation, elevate cap rate, and flip the building to another investor.

Earlier this week I came across someone speaking about the method of Wholesaling as their primary way of doing their REI.

My plan is to buy single family homes and utilize the BRRRR method and to get into notes. 

As for rentals, there are a lot of different methods for determining whether or not a property would make a good rental and how much you should offer on it.

I being sued by tenant for security deposit but insane amount!

The second you fijish the clause, the property that secures your mortgage no longer exists, and thus needs to be paid off. 4 seperate properties now exist.

And if that $2080 is being used as down payments and leveraged to buy real estate, that means I have just gained an extra 10,400 - 20800 worth of real estate ..I see this as a simple example of an actionable step to help people towards financial freedom.I am currently applying this in my own path to financial freedom.Would love to hear other peoples perspective and opinions on thisWhat are your thoughts and methods to achieve financial freedom?