You bring a very critical part of the business to the table. 

If someone from BP is willing to take me along for the ride on this residential property, I want/need to learn(Really any residential property, but with this one, I am at least bringing something to the table)

We have a weekly round table, and we support quite a few of our members online meetings so you have additional options to connect online and a very few in person.Does that group have an active social media spot where you can connect.

We'd each be bringing something different to the table but trying to figure out if this even works from a profitability standpoint.

Here's the guideline.https://selling-guide.fanniema...Limits on the Number of Financed PropertiesThe following table describes the limits that apply to the number of financed properties a borrower may have.Subject Property OccupancyTransactionMaximum Number of Financed PropertiesPrincipal residenceTransactions other than HomeReady loansNo limitPrincipal residenceHomeReady loansDU and manually underwritten - 2Second homeInvestment propertyAllDU - 10, Manually underwritten - 6Exception: High LTV refinance loans are exempt from the multiple financed property policies.

@Adam JohnsonThere is not a one table list all as laws regarding this are very interpretive and honestly no one in their right mind would publish a list for liability purposesYour best bet is to speak to an attorney in that state.

The table below might help.

Rates are still extremely low, and the real shortage of housing is at the entry level market where there are still grants and legislation on the table to give tax credits to first time home buyers.Rates going up from 2.75 to 3 is a significant jump; but at least most of my residential clients still look at it as they want to move quick before they go even higher.

You already will know the cost of the rehab ;)Being a GC(General Contractor) brings a ton of value to the table for investors and you are able to employ others in the community. 

So what are these acquaintances bringing to the table other than money?