@Sudheer Bobba If you get a conventional loan with title in your name and then transfer title to LLC, then you will trigger the "Due on sale" clause which is part of ALL conventional loans.

@Clarence Bell You can utilize a partnership, with one partners self directed IRA  investing in the LLC and one partner using  'regular' funds. 

I've frequently considered rental properties, but never pulled the trigger, until now.For the past two years, I've traveled nearly weekly for work.

From your posts, you sound like you are running numbers hard on a calculator or spreadsheet, but without real-life experience with what those numbers look like (price point, rehab, repairs), you might not be ready to pull the trigger on this big of a deal without a sure-fire ARV end game.

A partner may help but you don't want to be a free rider and not contribute anything to the partnership.

The lender may never notice but a few things could trigger them to see it. 1.

I am currently involved in a "3 way" partnership LLC that was drafted by a lawyer. 

I’m choosing to go with “it’s better to have time in the market rather than timing the market.”If you find a good cash flowing deal and plan to hold for the long term, pull the trigger and make a deal.

And also how long did you study and do research before pulling the trigger and going in?

First and foremost, I have two like-minded individuals who are ready to get started in real estate, and are ready to form a partnership.