Note Newbie: What is a good JV partnership?

[Sandy Uhlmann]

I am new in the note business and looking to learn the note business using money from my SDIRA. I have made a few acquaintances from BP and are hoping to JV with them to help me learn the note business. I am hoping for a win-win situation for both of us. I know (or at least I hope) that most of the people on BP are genuine and are not out there to sc*** the new guy but I am also aware that there are predators out there too. Can anyone guide me on what to look for in a mutually beneficial JV note deal? I want to know how to separate the bad guys from the good.

Thanks!