@Christopher Wilson welcome to the BP forums and best of luck in all your REI ventures.

@Jodi Taylor @Raina Gupta Congrats on your new ventures. 

For my husband and I, we maxed out at 4 mortgages, so we turned to doing joint ventures, where the JV partner qualifies for the mortgage.

So you either need a private money loan, or a joint venture partner who has his own money. 

I'm an off-on reader here at BP (have been for months) and I have gained tremendous levels of insight from very many perspectives here on real estate investing, and I have decided that cash flow is my ultimate goal (building net worth is well and good, but cash flow is king to people like myself who want to invest not just in real estate, but in other ventures as well).

What are some gotchas I should look out for when venturing down this path?

It's a off market property venture, lest than two weeks available.

To start off, please note that a large majority of hard money lenders throughout America are honest, hard working individuals who manage private equity for private investors, and distribute those private equity funds to worthwhile real estate ventures, usually on a local basis, but with the current internet era, often Nationwide.

After reading through a variety of articles I came across a couple of different options as well:1) If you are married, your wife/husband can also hold 10 properties2) Hold real estate off title (Joint venture agreement) - partnership deals3) Hold the commercial loan or portfolio loan (ie 10 properties) in an S-corp.

I have been doing RE investment for 20 years in the south including Texas, Florida and Georgia, and finally decided to venture up north in Cleveland.