Anything is "okay", it just depends more on your own financial situation.

If you are doing it for financial reasons, it's a loser and you'll likely never get a positive return on your investment.

Not knowing anything about your financials, having 4 borrowers isn't in and of itself an issue, it just means there are 4 times the number of documents you'll need to provide.

I helped with every flip, kept track of financials for them and even went 50/50 on my first "flip" (although it wound up being a tear down, subdivided and then sold to a builder.)I wanted to follow in their footsteps but was guided to go to University, get a degree and then snag a 9-5 corporate job.

In my financial situation, can I quit w-2 income and do something pretty strong with $300k to invest full time to grow and grow?   

Kraig,I am in Austin and recommend the following based on your financial goals.1.

What is your financial situation?

I am looking for a good financial advisor, preferably in the Atlanta area who understands realestate investments.

An experienced co-op listing agent will know how to vet buyers and financially qualify candidates for board approval, will know how to present atypical candidates, will know how to put together an iron clad board package, etc.

My goals are to gain enough passive income through rental properties to supplement my current income and make me completely financially independent.