Perhaps now I can finally focus on them thoroughly.Working with partners/mentorsI do not want to start my venture by myself.  

Now you see the sarcasm in my reply, yet it is sarcasm that is founded on truth.In reality, I hate to see people enter into a new venture haphazardly - leaving a wake of destruction in their path (especially at the expense of others).  

Not sure how far out you plan on venturing, but I'm always open for conversation.

Nothing more frustrating then sitting on a beautiful house with staging in it though...The Numbers:Purchase: $195,000 (cash)Rehab: $50,200Holding: $1539Closing/sales/excise: $28,000 (roughly)Sold in 6 days: $330,000 conventional, no concessionsProfit: $52,074 give or take.Bottom line, is make sure that you have VERY well defined contracts when you set up your partnerships, whether its for your company or a joint venture on a property. 

It is hard to say which of those are going to work better for you, the only way to know is to try each and track the responses that you get.I would venture to guess that color would do better than black and white though.

If I can't make the multifamily option work, what would your thoughts/suggestions be on the possibility of buying a house on acreage with a guest house and above-workshop apartment and renting those out (or possibly building them if they don't already exist, since we're real DIY people)?

Wishing you all the best on the real estate venture!

I'm open to a partnership and have no problem organizing such a venture.  

Most Joint Venture or Money Partners such as yourself demand a 50/50 split plus their interest pref.  

wishing you good luck on your real estate venture!