I'd love to stick with a local bank as giving a bank your operations account is the best thing you can do, 'relationship' wise, to help to secure new lending with the best terms. 

The structure would be an Equity 506(c) The Ideas Already in place: -Brokers-Online websites such as equity funding platforms-Private Banking Firms-Relationships PPM document creator has with other investors-Forums-Companies that sell lists-Opt-in accredited investor databases-Firms that do the marketing with you (must be licensed)-FINRA broker-dealers-Individual securities brokers-Registered Investment Advisers-Private equity firms-"finders" for capital.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

You can make this transfer to a limited liability company (LLC), provided that "The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements."

Negotiating the price and securing tenants ahead of time (friends).What was the outcome?

-The 2nd mortgage is note to the investor(s) that would be on a 10 year note for the DP-I can handle the financial risk the bank wants by securing against one of my current properties-I'm not too crazy about these ROI's. 

First thought was to- My party keeps security deposit.

The company intends to be the one on the lease and to provide the security and monthly payments while 3 of their employees live at my rental. 

We do have a partnership agreement, or at least  we have a document indicating ownership and how income and expenses are distributed among my partners, signed by each of us (if partnership agreement is something more official than that that, then I guess we will have to figure that out). 

Is there any benefit to installing a home security system for each unit?