What do you look for in a partnership on long term rentals?

[Elijah Williamson]

I'm currently looking at a couple potential deals around the 12%-20% CoCROI, typically making $100-$250 a month. Are deals like this worth going into partnerships over? I've talked to a few other investors and most have a minimum of 8% at $150 a month but as far as I know, that's not with JVs. What's your requirements for long term rentals and partnerships?