Best use of initial capital, focus on one or spread it out??

[Lucas Cole]

Newbie here. I am in process of pulling a HELOC on my primary residence to create capital for real estate deals. At this point I'm thinking between my HELOC and cash reserves I should have between $30-40K to work with. I know that each deal would need to be analyzed individually, but my question is, should I focus this capital on one property (pay cash for something and go solo), or should I spread this out, partner up and get a number of properties going? I have two guys I have a friendship with, one is a General Contractor, the other is a Property Manager, and both are interested in partnering. Just curious to hear people's thoughts on the difference between focusing capital on a single, good deal and flying solo vs spreading it out and partnering.