It's almost one year old but it's a good place to start your research.Regarding how to secure funding.  1st thing you need to do is set up a legal agreement among your friends, laying out the nature of the relationship along with how many $ each person will put up & if one, a couple, or all will be responsible for any loans.  

Inadequately screened inherited tenants can be a real source of grief and frustration to say nothing of ruining a unit when you finally evict them.

If you're an accredited investor, you could invest part or all of your 100k in private placements.  

The owner will have to file with the IRS, you will need to issue the 1099's, the interest is so low that the added headache is not worth it.If you need to claim some or all of the deposit for repairs to the unit, the owner still gets to keep the interest since it is their money.

For me I had to be all in or all out in my faith/ repentance commitment.

The greater majority of people that sit with me already have 5-10 properties and either don't have an LLC yet or did it themselves online and realize its inadequate.

Find yourself a duplex in a neighborhood that you are willing to live in that will also have a decent chunk of rent coming in to cover some or all of your mortgage. 

I’m in the same boat as Andrey and able to attend any early mornings, after 5, or all day Saturday.

Are most moving to the same place, or all different places?

If I sign up for coaching, I'm the type that will be all-in, I'm either all-in or all-out, just my personality.