I was thinking about this primarily in the context of involving non-accredited investors, which I assume is what most investor club models rely on.

No attorneys involved on my end. 

I strongly recommend getting involved with your local REI meetup groups so you can work out your pitch with help from other landlords.I hope this doesn't come off the wrong way without tone or facial expressions behind it. 

Most agents/landlords don't know about this, but it helps get more eyes on the listing. 2) Professional photos are a must.

Any spouses involved on the note? 

Like you mentioned, from a tax perspective, this works only if you are actually more involved than anyone else.

I was looking into DST's and was mindblown by the fees that were involved in those offerings.

I have a relatively small REI portfolio at the moment and only one or two international RE investments that might cause a certain layer of expertise (which I wasn’t really anticipating when I got involved with them), so I’m hoping to get some clarity around that, too.

I could rent by room, but that is more involved in finding tenants. 

How is the lender involved in this - Will he be your business partner?