I would also rely on a proactive approach. 

Hi Joe,congratulations on your quickly approaching retirement from the police force (thank you for your service) and the clarity of your goals and what you want to do.

Going around talking about the opportunities you have (that are better than other options like CD’s, etc) and offering “opportunities” is a better approach.

I can't understand.My suggestion: don't approach them with an offer.

@Joe Villeneuve love that approach, I think that's what I'll do - use the initial sum for flips and any profits to buy rentals

Usually the easiest route is to purchase the property in your own name and then transfer the deed to the LLC, but there are risks with that approach as well. 

I tend to approach this with the standard personal finance rule: build a 6 month safety net.

I'm surprised no one mentioned Empire Industries - I just caught podcast episode 343 with Steve Rozenberg - I was very interested in the systems-driven approach that he describes and it sounds like the perfect thing for a PM company.They have by far the highest rating on google of any property management company I've looked at recently.

I actually approached him asking about a property across from his building and that’s what’s sparked the conversation to later find that he’s a private investor and develops.

I was recently approached by a contractor who wants to partner basically I would have to put in either all or some of the money to acquire and to fix a real property how would you say we divide the money that we earned?