I'm looking to build a relationship this individual as I will be buying other rental properties in the future. 

@Jordan Santiago far easier to raise equity from individuals when there's no waterfall.

Then, once platted, could convey that % back to each individual investor in the firm of their designated lot?

Having positive cashflow enables you to fund reserves and to hold on to the property indefinitely which gives you time to allow the magic of leverage, appreciation and debt pay down take effect.

@Robert Biggerstaff, it’s a really interesting question and touches on a few key topics.1) You likely need to be active to start with and to build up capital but in order to scale you have to automate, delegate and systematize your active pursuits or take a more passive approach by investing in others deals2) Setting a pure financial goal is a good start but it can be even more powerful to state your goal in terms of what it will enable in your life I.e. what will happen when you hit $50k a month, will you then not be happy until you are at $100k per month.Good luck!

That way I could take the proceeds and roll it into multiple other deals which would diversify my risk and also enable me to continue compounding returns.

One thing to note when looking at the individual markets, you can make or lose money in any market.

Completely renovation the kitchens, fresh coats of paint throughout, stainless steel appliances, new toilets, lighting, Ceiling fans in every room, removing the baseboard heat and adding individual room heaters.

Also for those that house hacked fourplexes it would be awesome to talk to you individually!

I ran a meetup group for some time and also started a membership sports club successfully so have a little background :)People enjoy fellowship with like minded individuals so be sure to build in that personal touch, and go out of your way to welcome new members and introduce new members to others.