Best of luck with your ventures. 

We have several dozen rental properties, flip a few houses per year and are just getting ready to add a new venture with a few short term Airbnb's.

You should be meeting with 100 people to be able to line up some good joint venture partners.

A Joint Venture with a Partner that has a large T4 income makes it possible yet then it is shared and not all your own. 

Im excited about this new venture and ready to get my 1st deal.

If you haven't already, take a listen to the BP podcast - it was a huge part of my education as I started in REI and will give you so much confidence to tackle this new venture.

You can do joint ventures for any type of property.

@Alyse Oz I don’t have much experience with forming LLCs for rental properties but for use in a startup or business most incorporate in Delaware because they have a separate court for business entities and they allow for easy transfer of venture ownership to allow startups receive funding from VCs.

@Darryl JacksonHow much you need can depend on many factors , the purchase price of the home , the rehab costs etc.Also if you are going to pay all cash or leverage ( hard money or private money loans etc ) If you don’t own your own home I’d suggest doing a live in flip or house hack as you can take advantage of low money down loans like an FHA loan for 3.5%Many people have used this as a way to start out and gain equity that they then use for other deals .It’s possible to do deals without your own money if you do a joint venture type deal but could be hard to find someone to partner without experience, might have to give up more than half the profit but still better than no deal .

I know that joint ventures are another way of investing private capital with other investors and living off of the returns.