Someone could be venturing into something with some money to put into a deal as a GP and lose all their money too because they have little to no experience.You pay for experience.

My goal is that in 6 months I have legit offers on the table for rentals or other real estate ventures that allow me to move away from education.  

However, drawing from my success with two STR properties, I ventured into "Arbitrage" to leverage my expertise.

That should have been worked out and put into the Joint Venture agreement you both signed.

Originally posted by @Tushar Shah:@Michael HenryHey Michael, I too am planning to venture into Milwaukee.

You can do a DIY minisplit as well.

Please lets KIT and once I get started I won't be afraid to venture outside of Louisiana

When you need 100+ of these or even a few hundreds, it could take hours and hours to DIY.

Ultimately our main goal build a portfolio of multiple different types of investment properties, buy and holds, rental properties, and fix/flips; but the wholesaling side of real estate seems like an attractive venture as we are just starting with little capital and it could provide us with a revenue stream to become a cash buyer. 

I certainly led me to thinking that residential assisted living homes (RALs) may be a valid venture to dive into over the next few years.That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey.