Quote from @Argel Algura: Hey Bigger Pockets Community,A year ago I wrote about rebuilding and starting over in life and considering real estate investing as a path (see post here: "Bad credit, minimal cash and starting over in life . . .

To clarify, I will only discuss renovations for rental properties, not renovations in general.Before you start, clarify your goalsWhy do you renovate a property?

I started my LLC in the summer and still working through some kinks getting website started for marketing.

We are looking into the possibility of starting out OOS investing in Indianapolis.

Start saving up and buy your first place.

I know that's what you started this thread for. 

I am a newbie in BP, just started listening all the podcasts, fascinated by the community!

Quote from @Grant Shipman: Hey BiggerPockets Community,If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think they can just start pooling money from investors without following the proper rules.

I am even good with cash flow neutral - have been since I started - and still can't find deals that work in that regard. 

Therefore start with the min. requirement your lender will accept and see if that matches up with what your partner is willing to accept.