I’ve been approached by a friend (call him A) to be part of an LLC company that would buy properties for rehab and rental.

I wanted to know what would be the best way to approach this strategy?

Beyond that, I like your approach starting slow and trading up to bigger assets.Good luck. 

With that being said, I would approach from the angle of building a lasting business relationship with the individual.

To not repeat what has already been written, this post focuses on an approach to test your entire portfolio.

While many investor here in Phoenix use a less personal approach to finding deals by sending as many letters and cheap sign.

What is a good way to approach getting a call back or is there a better way altogether?    

It has been a KISS method that has worked out really well for me and kept me from screwing things up, which I am sure would have happened if I would have tried to have been more Geek like in my approach.  

You could always try to approach it from an angle of diversification. 

I decided to go with a different approach by marketing, going to local meetups, and then finding my first deal.