Also, can I do this through an LLC or would that hinder my ability to get the best outcome since I would only be a one third partner in the LLC. 

. ;)YUP deals are like street cars there is always another one on the next corner.. that is what my Dads Lawyer banged into my head circa late 60s and into the early 80s. but reality is for most buy hold is what they can realistically do with the capital at their disposal or their ability to finance.deal making and doing development and value add.. just is not feasible for most investors. from a capital standpoint.but when I put up 50k for a new build and 9 months later pocket 75k or more.. after tax  how many months at 200 to 500 a month would it take to make that kind of money.. 

Social media has been a big part of our growth.

If he will be utilized to check the health of the association, bylaws, etc, you can anticipate a bill of in excess of $3000Experienced investors have offer forms they fill out themselves, but unless the state has a promulgated contract, you will be foolish not to engage legal counsel.

Of course this would benefit them because that means free labor and the ability to scale their business. 

Look at the amazing growth in traffic on Indian Head Hwy.

Those funds will be trapped in that plan until such time as you change jobs or continue working with that employer past age 59 1/2.A self-directed IRA allow for retirement savings to be invested more broadly than just the stock market, but it does not sound as if you would have the ability to move funds to such a plan.

We have started investing in the midwest but in a market that does not have strong economic growth, but it's steady. 

Offering memorandums that have unrealistic stuff like 4 to 5% annual rent growth and costs of 35% I laugh at.

You have to look at population growth, diversity of employers in the area etc...Other things to consider ... harsh weather is harder on properties.