Our company Joint ventures on over 150 flips a year and we go by the above process all the time for success.

I went in on a joint venture contract with a partner to help me through my first investment wholesale deal.

I've recently ventured into wholesaling as a way to build capital and relationships for future investments.

How many veterans could you joint venture with? 

As a general rule, if you are embarking on a real estate venture, consider entering into a written joint venture agreement spelling out each joint venturer's rights and duties. 

Of course the better ones are often booked for months, but with good planning, you can get them lined up ahead of time.I set it up with a great bathtub refinisher who came in the day after move-out...booked him months in advance, and although there were date changes by the tenants, we were able to coordinate.Good luck in your venture!

This can be done with joint venturing or becoming a passive investor.

@Michael Kammer you should ALWAYS have the material terms of any joint venture partnership in writing.

There is a lot to learn, like where to find the best deals, how to finance your deals without using your money, how to Joint-Venture on projects, best practices and resources for rehabbing, how to best manage your properties, how to protect yourself from lawsuits, and much, much more! 

Do you need the cash for other ventures?