Partnering for BRRRR

[Michael Coco]

Hi, I'm currently trying to start my real estate journey. I have a loan pre-approval and "some" money for a down payment (though my loan costs would be lower if I had more). I know having a mentor is good (accepting applications!). However, I do want to "go in" with at least one other person (maybe two). Ideally, the person would be handy, local, help contribute financially, and have the same basic investing goals. I would form an LLC for this, and I'm pretty good with corporate law so I would address common problems up front (what happens if one person quits, wants to retire, we disagree on something, etc.). I went to a few meet-ups pre-covid and found lots of people offering services, but not so many looking to start investing. So, two questions for the board: 1) what problems are there when you're working with a partner or partners that I might not have thought about specific to real estate; and 2) any recommendations on places to find other interested people? Thanks!