Are you suggesting not to start investing until you've saved up the proper funds to do so?

2- What is the difference between an Easy, Medium and Hard Turn?

@Pat Jackson You should read these threads - in one of them I also posted a list of questions you need to clarify with your partners:https://www.biggerpockets.com/renewsblog/effectively-conduct-joint-venture-agreements-as-a-real-estate-investor/https://www.biggerpockets.com/forums/48/topics/596231-how-do-i-properly-construct-a-purchase-with-a-partnershiphttps://www.biggerpockets.com/forums/51/topics/591376-create-an-llc-for-first-partnership-best-way-to-do-sohttps://www.biggerpockets.com/forums/51/topics/526244-taking-on-partner-s-and-limiting-our-liabilites

@William Huston, One of the best strategy relating to proper use of Mortgage is to offset your mature properties income with newer properties interest deduction. 1) Mature properties will start to show more taxable income as interest payment decreases with time. 2) So, use newer properties to offset those income. 

How does this work as a proper partnership so it’s all correct?

Condo's can get expensive especially if the board is not ran properly.

In addition, you need to make sure you have the proper paperwork and you set them up correctly.

It was easy for me, single guy only 1 income from my day job.

I had to reconnect with the seller while in escrow to sell the home as we needed the payoff info and fortunately he was easy to reach. 

My job makes it easy for transfer as we have outlets in every state, and we can live basically anywhere in the country for work.