After doing a healthy amount of research and learning via reading and speaking with a couple current investors, I am looking to see if anyone has any experience with college rentals.

It's on a crummy looking street in a good area (half the surrounding properties made my budding wholesaler Spidey-sense tingle), a healthy but not unreasonable bike ride from a strong tenant draw and stumbling distance from nightlife.

I am considering some joint ventures on the following terms:Investor put up the cash for a downpayment and cap-ex/vacancy fund;obtain financing in both investor name and my name (or corporation); create JV agreement that protects investor downpayment and initial contribution;I manage real estate;Net revenue split 50-50; andNet equity split 50-50 after initial investment paid back.I have not had any luck with this yet and wondered if you all have any opinion on restructuring this to be more appealing to investors and/or better for the venture.All comments are helpful and thank you for your time.R

westport/plazaGoing to be hard to get deals because you're competing against home owners or landlords trying to exit with healthy profitWestport runs the risk of becoming too ghetto to justify purchase price...Plaza expensive but "easier" to get higher rents and better rental pool to waldo/brookside Waldo lot of home owners go after cheaper houses and they are mostly old.

@Robert Leparulo I just sent you a DM about a meetup talking specifically about joint ventures and partnerships.

We have a twelve month plan to save $25k jointly, but really don’t want to wait that long.

Here is one idea, consider putting it in a LLC, or corp and doing it as a joint venture.

If you own 1 million or more in non primary residence assets jointly with your spouse, then you are accredited.

@John Hagen, Tenants in Common is both simply a way to own real estate (as tenants in common, single tenant, joint tenants, etc) and a name for a specific passive fractional ownership of real estate that has been set up according to Rev Proc 2002-22.The products listed by @Jacqueline Gardiner are the latter. 

The fact is, we use the income for monthly expenses, and capital needed comes from our joint brokerage account.