starting a hedge fund for down payment.

[Colby Miles]

I've heard of Ken McElroy using hedge funds for the downpayment on his apartment buildings, but in his book it doesn't specify a lot on how to get one started.

I would like to invest in apartment buildings that need renovating. renovate them and rent them out for passive income, but I know things will move much faster If I can get a hedge fund to put on the down payment.

How many successful projects do you think I would need under my belt before people would be interested in investing in my hedge funds for this type of income property?