Thanks for each of your replies. It sounds like it would be a recipe for disaster. It was one brainstorming idea I had as a way to get started. We would be high school teachers, with less ego perhaps. I was wondering about the structure, so thanks Thomas about the LP or corporation note. I...

What would be the best way to form an Investment Group to purchase rental properties and do some investing? If a group of colleagues, 8 or more, (let's say non-real estate professionals) want to pool their money and get started in Real Estate investing, how would it be best to form the...