A conceptual question for you:From the point of view of a capital partner arranging a partnership with an investor who is getting into the game and will do all the hustling and managing of the business…how would you propose a cash flow and equity split under the below two scenarios?

Save up.Perhaps, if you feel the urge and are comfortable with higher risk, you can use the money you have now to advertise, sending yellow letters to distressed property owners in the hopes of picking up a place below market value using hard money and rehabbing it to refinance cash back out, but it's not always the best idea to start with a complex purchase with tons of moving parts before you've jumped in the game the traditional way.Best of luck, whatever you choose to do!

Without much experience negotiating for deals, budgeting rehab, swinging hammers, or narrowing down a niche in the game it's going to be REALLY hard. 

Just playing the game.

My name is Sean and I am new into this investing game.

Dealing with crafty tenants who know the game well 

The governor of California himself recently made a remark stating “We need to step up our game — time to be more damn competitive,”

STR is my game for now.ThanksConnie

Great job getting in the game!

This is a get rich slowly game and no need to jump into the deep end right away.If you can get it pre-leased that usually softens a lot of risk.