It is a great way to educate yourself and build relationships for joint ventures, generating funds, and well just having a good time.  

You could end up controlling the properties for years.  

Good luck on all your ventures 

Through this I would also hope to gain a mentor for when I begin to engage myself into my own real estate ventures.

Over the last couple of years, I quit my job, moved to a different state (only to move back haha) in pursuit of a business venture that failed.. 

Hi everyone,I have plenty of experience in 3 family units and landlording and love the cash flows they produce.I'm ready to venture into bigger units but nervous as hell to take the step.So the owner wants 1,3950.000 which is over 60,000 a unit ,2 bedroom units,ave rents are about 822.00 per month.I will be meeting the owner tomorrow to get more info.What is a quick way to gage this property, property has been available for over a year ,when I spoke to him about 7 months ago he want 67,000 a unit.This property has not been listed for sale..Let me know how I should approach this.

The problem is, the Los Angeles housing market is very overpriced, so finding a property that was in at least a semi-decent area proved to tough, not to mention the issue of rent control for any property built before 1978.

The goal is to "Control everything, own nothing".David J Dachtera"Success is not a destination.

I would like to sell that so I have the capital to start me venture.

If its a higher end property that you know is a good deal but your cash/finances cant afford it then venturing in with a partner would make sense.