I would like the opportunity to meet/network with fellow investors in that market.

It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.

DeAnn is on the Board of Directors of National Able Network, a not-for-profit which seeks to help veterans, and other workers in meaningful employment.

@Joshua Piche with little experience, it's better that you invest locally vs OOS - unless you want to invest a LOT of time learning another market and networking with th right people.Locally, look for a 2-4 unit property that will qualify for FHA 203(k) financing. - This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

I’ve met several investors in the area and I’m always interested in expanding my network and talking with others in the REI space.  

welcome. great place to start. dont be afraid to network. put yourself out there. find local events to go. be a sponge then take action

Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.

If so, I would be very clear and upfront about that when you're networking with private lenders.

You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.

Negotiating seller concessions, networking with local investors, and learning property management skills have been key to finding deals with strong long-term potential.Good luck!