I just did one for a Joint Venture client at https://www.biggerpockets.com/forums/600/topics/58...and you can kind of get a feel for how it is done.

My next steps (that I've identified), is to start writing down goals (we've discussed them, just haven't written them down), develop a business plan, and figure out if I need to start a business for this venture now (and what structure that will be - we will not be taking on partners initially, I think, so it's just me and my husband, so SMLLC?)

Opens doors to work for yourself even just for small ventures on the side.  

It gets you that much closer to your next venture!

Looking to work/collaborate/joint venture in real estate investment company in San Jose, San Francisco bay area.

One person can bring the money and just act as the lender and charge a percentage/points upfront as well as 25% of the profits.Always make sure your are signing an official agreement (Something like a joint venture agreement) that details EVERY possible outcome.1.

I am looking to venturing into purchasing a pre-foreclosure property in Philadelphia and I was advised to go to City Hall to find the Lis Pendens or Notice of Default (NOD) filings.

Thank you BiggerPockets for all the wisdom and confidence you have given my wife and I to venture into the world of real estate investing.

I'm wondering if anyone has advice on different elements of such a venture (did read good article from Mike Lacava from 2014), but wondering how best to size the build for my area, best type of lending to go after, other things to watch for in such a venture. 

Id venture to guess that mh from the 70's are not worth jack squat and will need lots of up keep.