@Jay Helms I'm trying to take Brandon Turner's advice and venture 30 minutes outside of my major metro to find something more affordable.

Hi LorenzoI can help you sell the property if you want to do a joint venture with me.

On my most recent purchase, I got 2 silent partners to come in, in a joint venture. 

Doesn't seem like a business venture I should undertake without forming an entity for the legality of it all.    

We originally liked the blank slate idea of the house but I'm wondering if the material cost for bringing in drywall, ceiling, floor, etc. for the entire house might end up being higher than the alternative option.I would also appreciate any feedback on the BRRR (is that the right amount of R's) strategy we are looking to employ for this venture.

Going in I can pretty much tell which option will be worst case scenario but I like to run multiple scenarios for my joint ventures

Jonah, great to hear you're on the path to getting started in the exciting venture of real estate investing.

The savings of partnering won't make or break the venture.

Anyway thank you for the advice, hope al is well with your investment ventures!!

- What are some of the most important aspects of successful Joint Venture?