The business itself is a physical business on some land so we would have a nice asset once we finish building everything out.The issue that we're running into is that he is concerned if the business were to fail that the bank would come to him to try to collect any outstanding debts since his net worth is so much higher.I'm trying to figure out a way to structure this so that if we were to fail the risk of the bank coming after personal assets is evenly spread out amongst all three owners.Any guidance would be really appreciated.

I think they both have pros and cons, but what I love about REI is that you actually get to see what you have accomplished, where as stocks and bonds you don't really see the physical accomplishment.That is not to say not to invest in index funds and ETFs, but I think it really depends on your preferences and risk tolerance!

@Johnnie Hawkins,I recently listened to, and then bought the physical book, "If you can't wholesale after this, I've got nothing for you."

Each owner/client has a vetted resource I have provided who does the physical inspections, changes AC filters, changes out smoke detector batteries when scheduled, and documents any repairs/improvements/issues.

That is good advise regarding the inspection as well. Being

I am using different tactics on sites that show MLS listings to find flip opportunities.I got the idea after watching Jerry Norton and others on YT who find many of their deals "on market" by conducting online research on sites such as Zillow, Redfin etc.I am pretty experienced with excels and numbers and can cover a whole city in a few hours and find the best opportunities.I don't have a physical presence (I live in Israel), so I can't validate my rehab estimates by actually looking at the property.Here's my methodology:Finding properties whose $/sqf is significantly below the average of that neighborhood.Checking renovated comps.Estimating the rehab cost by looking at the pictures (this is what you will need to validate).I look for other indicators such as time on the market, usually >60 days, and for consecutive price reductions.I calculate for what target purchase cost + rehab we can get 70% of ARV.If the target cost is anywhere near the asking price, the lead is valid and can be sent for further evaluation with somebody in the area.I have limited experience with a partner in Dallas who showed interest but I still didn't get a confirmation from him if he is actually going to close any of my leads.I would love to know if you think there are "on market" opportunities and this method can actually find them?

How much should we know about the physical aspect to real estate such as the structure, carpeting, walls, plumbing, style, etc. before investing?

The physical form would be inspired by early vernacular development patterns in Oklahoma. 

Physically speaking, it was a 'simple' slab cut to tie into the drain lines and access plumbing supply lines from an adjacent bathroom a few feet away, and some walls/doors to finish it off. 

In my market, for multifamily properties greater than 5 units, I would expect to see anywhere from 10-21 days for physical contingencies, a 30-45 day loan contingency depending on who the lender is and how strong the borrow is, with a 60 day close.