.), from all people that are involved in the Joint Venture.

If you are involved with contracts for construction, excellent.

There are a lot of groups that you can get involved with in terms of investing; @David Torres runs a group on Wednesday nights that you'll want to attend as he does a great job.  

I have 5 business ideas that involve real estate and giving back to the community, to decrease violence in cities I once lived like Chicago and DC. 

it seems as if option #1 allows you to quickly scale with less money (basically furniture and a security deposit) but has the downside of lower margins since you're not building equity.I've also thought of other ideas such as buying a few properties under a llc with several other investors, where the total cash per person would be the same as if you bought 1 property by yourself but it's diversified across different markets and reduced risk.

which I have noticed primarily involves something along the lines of "fear of the unknowns" or basically just to "jump in with both feet and quit making excuses".

It's just a matter of pooling people who are willing to take a risk.

If you're in the short game trying to capitalize on market fluctuations or appreciation, the risk is that you might buy at the top of the market and get stuck overpaying with few exit options.if you're playing the (really) long game, then it matters much less.

I realize that as the leases roll over I can change the terms so that the tenant pays for the water, but am wondering how high the risk factor is in the meantime.

Will the buyer pay me on the spot will i be wired the money is there an attorney that has to be involved or a third party to finalize the contracts in anyway?