I was looking to get into the investing space more heavily and wanted to start with a flip.

I think you may want to start of the arrangement in a more simple fashion.Ask for a loan in which he will get a stated return 6% to 12%.If you are both successful happy with this arrangement, upgrade to a partnership.I think a partnership off the bat makes things complicated.You will also likely make more money in a loan agreement if the project does well.

If you are just starting out, I do not recommend you exposing yourself to more than 25k - 30k in capital investment through the whole life cycle of a deal - close to close.

Hi,I’m from NYC and starting to look out of state for good BRRRR and/ or good cash flows.

Its not killer cash flow, but there is cash flow.Don't expect to start deducting things like vacancy, maintenance, cap ex, etc.

Hi Guys,I am starting to finalize on the BRRRR deal. 

You may not need an LLC at all if just starting out and insurance might get you all the coverage you need.

Would it be better to start off with STR or LTR in this area? 

. =) Looking to start investing in Section 8 and was wondering if anyone had any horror stories, success stories or advice on where to start. 

With my limited experience explained, here's the situation.I have ear marked a good amount to start real estate investing.