Start Solo or With 3 Other Partners?

[Jordan M.]

Hi everyone. I have been lurking on BP for a little while now and simultaneously discussing my plans with a friend who is a potential business partner. Aside from him, our parents also want to partner up. I have been thinking about the pros and cons of partnering with them on our first property and continuing to do so as we move forward but I cannot help but think that four people partnering on one, or even two properties is a bit excessive. 

Both of our dads have excess cash they are looking to invest so we are looking for them to help us get started. My buddy has no liquid assets but can hustle and has lots of contacts in our area. I have some excess cash I am also looking to invest so while it seems like a no brainer that we all help one another, I guess I am just second guessing the idea since the little cash flow we will have at the beginning will be split so many ways.

I was hoping to get some unbiased opinions so anything you are willing to share would be appreciated. Thanks.

Jordan