There is no cheap way for you to safely recruit strangers.

And even if that has a photo on it, you have possession of it and who sees it, not a file left out for any stranger to go through when the lifeguard is busy.

You should never accept a check from a stranger until you have at least confirmed, with a background check, that they can be trusted.

Friends or strangers matters little to what I am going to say.Get the deal agreed before the project starts.

Get good at talking to strangers who are somehow connected to RE.

Does it really matter what some stranger thinks of me?

It comes down to what takes place.If the group is all family and friends and each decision is reviewed by each person then you are likely fine.If the other person is a stranger you met through Craigslist, they are an elderly lady with no RE knowledge and you are the one making the decisions for the deals that are funded you are in serious trouble.

Plus, that rush you feel in the depths of your belly when you knock on a stranger's door to talk to them about their woes is better than jumping out of an airplane.If you go the door knocking route, be aware that most people will not be home, so leaving a bulky package with a handwritten note also got me a decent response.

I am not a stranger to the pitfalls of this endeavor as this is probably what has kept me on the sidelines to this point but I know there is more to learn about these pitfalls and how to avoid them before I buy my first house.

Allende, would YOU sell your free and clear property to a stranger with no money down?