It sounds like you want cash flow and to scale, in this time and most markets you need to find a deal where you can add value. 

Hi Aidan, when you first started you can create your partnership agreement per deal depending on what your end goal is for the property. 

Quote from @Doug Smith: When we started this company, I had been a special assets officer (handling non-performing loans for banks trying to extricate them from the deals with as little damage to them as possible) during the last big crash.

Congratulations on taking that big step to getting your first deal.

What made you interested in investing in this type of deal?

It’s my first deal so I was kind of worried about it, but I feel more confident now about how to move forward with this property, as well as any future properties. 

I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process.

She's the real deal. 

Don't buy a condo in Dallas as an investment property.HOA dues will kill the deal. 

Analyze deals, build your network, and educate yourself constantly.If you have access to unique resources (like a VA loan, FHA Loan, or 401K), use them to your advantage!