Start networking in your market to find partners that can help out with your first one is some way or form.

My partner & I are familiar with this strategy. 

Typically each partner would just report their share of the income and expenses on schedule E. 

Partner 1 brings in deals and manages the business Partner 2 brings repair and renovation skills Partner 3 lives out of the area and brings capital What is a fair way to structure/put a value on the partners finding the deals and managing the business.

Correct you need to buy as an investor, or if you buy with a partner that will be living there you can put them as the owner living there and do an FHA purchase/first time home buyer (if they do not have any other homes and using that benefit already).

He and his partner appear to have also signed a PG (link below).Funny you mention podcasts.

You could also partner with investors to pool resources.

I’d recommend finding a mentor to guide you through the process and considering ways to invest even before you reach $100k, like partnering with others or utilizing low down payment loans.

Is there anyone with ground up build experience that is interested in partnering up with us for a project in Davenport Iowa? 

I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.