In the past I signed up a small handful of deals and for all of them I used a contract I got through a RE investor course.

@Tyler Hiatt - hands down the biggest thing is the agent has to be able to react quickly.

Real world hands on experience is where I will get comfortable.I'm just trying to minimize risk during that learning curve on the first few deals so I don't get burned.I certainly won't let this stop me from moving forwards so I'll just have to figure out a way to make it work regardless.

On one hand it's enticing to spread the capital among multiple properties to diversify and kick start my portfolio but on the other hand I know eventually I'm going to want to scale into larger properties for maximum cash flow.What would you do if you were in my shoes?

As in, the right occurs every time the property is about to change hands. 

I have cash in hand.

Maybe start with selling homes and once that gets a little bit of traction work on picking up managing a handful of properties on the side?  

They are certainly not the only ones in town that will do this, but they get most of the business from AZREIA because they are present at the meetings and holding their hands up when people ask "how do I get leads?" 

If you're willing and able to be more hands on, cut your teeth on a few flips or use the BRRRR approach on a few self-managed single family or residential multi-family properties. 

I'm interested in getting feedback on how you would suggest structuring the following BRRRR partnership: Partner A: Brings 50% cash to purchase a deal and is hands-offPartner B: Brings 50% cash, does all the legwork (i.e. finding the deal, etc.), does all the rehab him/herself, handles all the paperwork and manages the rental property.