Do a search on this function they offer and it will show that the results are suspect at best and often miss key information. 

There are three main things in my opinion that I look at that differentiate a good wholesaler from ones that can improve.Essentially, good wholesalers provide as much information as possible on the property, so it is very easy for me to make a decision on whether it is a good deal or not.Also, the information is accurate, which helps me avoid doing unnecessary homework, since I can trust that the wholesaler is providing the right details and laying out everything I need to know about the property to determine if it is a good deal.They are also getting it at a price that makes sense, so they know how to run their numbers.

My suggestion would be to seek out more information than just your advisor. 

As William mentioned, you’ll want to draft a solid operating agreement that defines ownership and decision-making powers clearly.When it comes to taxes, you’ll likely default to partnership filing for the LLC.

With only that information, I see no reason not to.

With the real estate agent now, I feel like I'm being pushed to buy something that sounds good instead of walked through in making an informed decision.

I called HAR personally and was informed that the brokerage was not required to pay HAR dues because HAR is not their primary board.

A part of this as an REI is ensuring you have crystal clear financials down to the property level, actually reviewing them regularly, and using them to make better decisions. 

It gives me room to grow quickly as long as I make a good decision with the heloc.

The most important part of investing passively is selecting the right partner - but before you make that decision you ahve to decide if the operator is involved in an asset class you are comfortable with.