When earning money in rental property investing, where do you hold your earned capital?

Me personally I wouldn't mind a good chunk of that 5mm in REAL real estate (not a REIT) earning me passive income.

A gentleman (let's call him Bob) called me and asked me if I took section 8; after which he launched into speech of needing to run for mayor, getting involved with gun control, earning his 3rd degree and fighting for the whales.  

Originally posted by @Timothy Douglas:@Jason Allen I do not, but that's where a partner would come in that provides money while I manage the property or put somebody in place to manage the property for my portion of the cash flow.At 20 years old with no experience you're going to have to find someone who trusts you with their hard earned money over a lifetime.

What I am looking for at this point is to find passive investors to put money down on the deal that want to earn 10% on their money.

Purchasing a Turnkey when you invest OOS is a great way to earn passive income.

Trust is earned.

I would earn some more money first. 

No headaches while earning a little less , I will take that any day. 

The question is, should I find a partner for deals or earn my first property with a turn key?