I was drawn to these properties because with some hypothetical scenarios I have put to paper, one of these properties could nearly replace 100% of my wife's W-2 income (although she plans to keep working for the first 1-2 years of our real estate venture).

I am going to purchase the 4 houses with my brother-in-law as a joint venture.

@Jeremy Pace  Thanks for the book referral, and @Michael McCartney and @Matthew Cole I'll venture on YouTube for sure, but it's it a bit difficult to tell who is give legit advice?

If a more reasonable amount of time was offered, a better approach would be to allocate some to public REITs, some to private syndications, some to directly owned properties in prime locations and the rest to active business ventures.

( I’m not talking about 2-4 units)I did the partnership thing when I first started out and I can assure you that I would prefer to own properties with just my wife and I.Without syndication you can have a Joint Venture Agreement between parties.

Real estate and other business ventures.

Also to fund additional business ventures etc.

I would venture to guess I get 15X more responses VIA Facebook (of course, most applicants don't meet the rental criteria but I digress - it's how I've filled most vacancies when I've purchased a new property). 

However, if you enjoy learning and exploring other business ventures, it doesn't hurt to branch out.

For those who offer joint ventures, do you assign the note to the capital partner?