., Investing in single, defined real property is similar to investing in a very small capitalization public co, requires extensive due diligence, or an analyst you trust, or just a crap shoot.You might be more comfortable with a diversified private real estate investment fund.  

Define lower barrier to entry that you mention on crowdfunding?  

Make sure incapacitated is defined and when you could  buy out the next of kin to remove the partnership.

Don't go into this scenario without considerable discussion with an attorney since you're unfamiliar with Executory Contracts in Texas, as defined in the Texas Property Code.

Sometimes too much furniture can define the house too much for people.

I understand the different project scales play a big role in this comparison here, perhaps a defining one, but the fundamental basis is the same.

I believe I do this because I do not have a clearly defined WHY to look to during those not so smooth times.  

Define your goals and you'll find the right answer. 

You can have a straight partnership, in which you must have a partnership agreement that defines roles, but in that case all partners will be involved in the management and they will taxed at regular income rates.  

@Rick Roberson, it depends on how YOU define: "enough cash flow".