@Andrew Hunt I have a lot of clients that simply do a 1-2 page joint venture agreement that is project specific, and then at the end they split the profits based on the agreement, and everything flows through as income to their individual LLCs.

Marcus AuerbachJust wanted to congratulate you on quiting your job, big step and seems you are well prepared for your new venture.

There are plenty of avenues available for this kind of venture, and your best bet is to speak with a Business Attorney in your local area to great a structure that will facilitate and protect this business plan.

I am a regular Project Manager in a consulting firm seeking for some new ventures out there.

But I'd be willing to venture it'll be caused by one, or some nomination of the usual suspects: higher rates, economic downturn...

Hence I ventured out of state, I recently closed on 2 Duplexes in the Cleveland Suburbs.

If I could ask: have you been focusing more on flips since the first two to make up for your losses/no quit attitude, or have you re-focused and ventured more into buy-and-holds?

You can always venture out further away after you have the confidence in abilities and your infrastructure set up. 

If you venture out to the western suburbs, Account Closed has a monthly BP meeting in downers grove.

Good luck with all your ventures!!