The Arbitrage newbies who wander into the site always seem to follow a similar track.

Tactically, you can start scanning your local market for someone to partner with, someone who you can leverage their track record to scale your REI activities.

@Weston Harding I am focused on larger apartment complexes right now as I find it easier to manage and keep track of everything.

I believe you're on the right track for what it's worth.

I also track the extended stay lodging industry as a basis for supply data.

Hey Carson,You are right on track!

Offer to do a 75/25 or even a 90/10 split initially, prove yourself as an experienced operator who can execute projects successfully, and then move on to do a 50/50 split eventually once you have the capital and track record to command a larger share for smaller input.

Your attitude is admirable and I think you're on the right track with getting your personal finances in order.

Everyone above me is right on track!

@Jagger Simon yes you are on the right track.