This is not the type of thing to do with complete strangers.

If one of you stop paying the Mortgage, the other people would still need to come up with the money. You can’t evict an owner either.

I have a friend that asked me to invest in RE with him. He has a couple of multi-family already. I asked him: how does your rainy day fund looks like? His answer: that’s why I need a partner! So in addition to chip in for the down payment and closing costs, I will be solely responsible for any financial emergency or unexpected expenses? No way Jose, he’s too risky to invest with without having a proper financial plan. I’m not going to be anyone’s “please rescue me, I’m broke” plan either.