Can a first-time buyer that is willing to live in one of the units in a 4-unit MFR still house hack if he partnered with an LLC as part owner?

@Randi Plevy or @Michael Hacker - Did you end up doing this or have you done this JV partnering before?

However, you may miss out on connecting with legit potential partners, your sphere of influence will be smaller, and you messages will have less reach. 

Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partner buy into the deal with cash and had his name added to the deedthere was no recorded transfer of $$ at this closingMy partner is now offering additional cash to buy me out of the partnership and take over 100% of the dealHoping to better understand at a high level what the typical path forward would look like in this scenario ?

cheaper than bringing in a partner.

To make a decision on the route to take, you have to do some homework first which entails, learning how much $$ you have/need for each, how much financing if any will you be qualified for, what's your level of expertise in either, will you have partners going in, do you have the team of qualified professionals for each.

They are a partner in the transaction so your success is their success.

To generate income outside of the retirement account, you'll need to invest your own (non-retirement) funds, possibly using financing and/or partnering with others to get started if funds are limited.

First, I was going to wholesale it, then spoke with a friend/possible business partner and he said hell no, let's flip it.I went out and checked it out. it is MESSED UP. 

Looking for a partner to bring in up to $200k.