It happens all the time where one partner in a joint venture handles the day to day while another manages the project, leasing, etc. just depends what your thoughts are on structure between you.

I've been lurking the BiggerPockets articles and podcasts for about a week now, but tonight will be my first venture into the forums.

Good Luck on your REI ventures.

My father and I began this venture in May of 2015 and have since grown our team to a total of 11 people.I joined the Bigger Pockets community as my goal is to invest in buy and hold properties to earn supplemental income.

I definitely appreciate your willingness to help me in this new venture! 

Good luck with your ventures! 

We are venturing into the multi-family arena, and would be happy to share the experiences when they come up!  

It's not an LLC, no checkbook IRA, just good old boring SDIRA stuff, if there is such a thing.2) Separate from that, and distinctly different, I have formed an LLC (IEC Ventures) in which I will work with JV partners and private investors on other NPN's.  

Trustee must submit it to the lender - who knows - you might get lucky.Foreclosures can be profitable - but you are safer to buy at the auction - if you don't have the cash or a credit line - you should put together a joint ventures with friends or relatives - let them know what you are doing and how they can profit.

My understanding is that an IRA offers a bit more flexibility in regards to premature withdrawals, which could be beneficial if I ever want to "self-direct" the funds into my personal real estate ventures.