To get into their (inner circle) to see the GOOD STUFF you need to be not a (flaky buyer, have financing lined up and pre-qualified, show financials / bank statements and liquidity with net worth, be willing to work with the broker/agent exclusively).On the commercial retail real estate side if an individual buyer wants to talk to a bunch of companies and commit to nobody then I do not have time for them.

@Peter GoellerI would spray it with a bleach/water mixture, wipe off excess, let it dry, prime with Kilz, and then paint.

I was imagining that such a seller situation (asset owned by multiple parties of which the plan is but one) would be considered sufficient to avoid the prospects of self-dealing between the plan and the for the benefit of (FBO) party on the basis of the following rationale: the other current owner(s) of the asset would have every reason to sell the asset at or above market/appraised value and the other current buyer(s) of the asset would have every reason to purchase the asset at or below market/appraised value, thereby preventing any kind of backdoor retirement plan liquidation advantage for the FBO party since there would be checks and balances against such behavior.It seems to me that the IRS could help us side-step this whole discussion by explicitly providing for the option of such transactions in cases were such an asset is sold at appraised value, as rendered by a licensed (and qualified) third-party appraisal company, thereby proving that there is no unfair advantage realized by the FBO party vis a vis his or her retirement plan.In sum, it seems that if the purpose is to keep the fox (FBO party) from guarding the hen house (retirement plan), if the point is to prevent self-dealing, if the point is to prevent the sale of the asset at some below-market value which gives the FBO party a backdoor retirement plan liquidation opportunity, a requirement for the transaction to happen at appraised value would seem to be a perfect check and balance.

To build on @Alina Trigub's listProsCompletely passiveMore consistent returns (as you are usually offered a preferred return)Stake in an asset you wouldn't be able to purchase otherwiseConsNo control of the business planLess upside potentialMay need to be accreditedHigher barrier of entry (from a educational standpoint)Less liquidity

This tank will be connected one home, or it could be connected to several homes.As waste fills this tank the waste breaks down into more liquid and solid forms.

Are you seeking lump sums of cash to grow your liquidity or are you more focused on building your portfolio for long-term wealth. 

Buying now forces you to either liquidate, be an out of state investor, or move back to this area.If you keep your head down, work hard, save, continue to learn and avoid the pitfalls that A LOT of junior enlisted make (expensive cars, rushed marriages, etc), you'll be set up perfectly for when you decide to get out.

With that said, I do have liquid funds, and do have excellent credit needed for lending for the properties as well as furniture loans/ etc.My question is - how realistic is it to build a business around buying multi's with the purpose of furnishing them or corporate/college renters, or renters who simply want everything furnished? 

We used a combination of liquid cash and equity we built up through our primary residence.

How would John Smith know that Jane Doe's neighbors died and the family asked her to quietly liquidate the house?