I don't have the experience raising money, but from what I've read and listened it's showing a proven track record to show your experience and professionalism.

If I felt like this person could essentially organize and let go of things in a timely manner, probably wouldn't be an issue.

Purchase Price: 115,000Sales Price: 245,000Rehab: 70,000Holding: 15,000Closing Costs/Concession/Commission ~ 17,000Numbers are rough as I didn't keep the best records with all the different contractors and the fact it was over such a large time frame, something I will be improving on in the future because records are so important. 

Would the power of attorney be recorded?

I'm using both propertyradar and agentpro247 looking for single family residences, absentee homeowners, high equity and no foreclosures in Washington state.Propertyradar is giving me 3x the record count.

Many SDIRA companies have free webinars recorded on their websites-use them.

It is the back-end record keeping aspect that you need to worry about, for example, do they parties know they are agreeing to do business online?

Simple example:You want to buy $100,000 propertyYou put 20% $20,000 down and ask seller if you can "owe" them the remaining $80,000 to cover the rest of the purchase price.You now own the property and can record your title specifying that you bought the property for the full $100,000. 

They want to see a decent track record of successful projects, good credit, and will only fund max 80% of the project maybe less.

MO doesn't require filing the actual operating agreement - - just the Articles of Organization.