Hello everyone,

First post here. 

Backstory:

I am currently putting together a group of 4 friends to begin investing in cash flow properties using the BRRRR strategy this fall in the midwest, preferably Indianapolis to start.

About us: We're all early 20's who have worked together in sales which earn a six figure plus income per year. Our lifestyle has us consistently traveling, and while we make good money it isn't sustainable long term. We are looking to all utilize our income investing in assets which we can grow into something much larger and dedicate ourselves full time. 

My goal is to accumulate essentially 10 properties per person involved. 

I like the fact that by having four people, we essentially can have more people to allocate towards each task while mitigating risk and learning errors in the early stages. 

My only concern is the fact that properties meeting our parameters won't be easy to find or at least not at the start. Each person we add, we diminish our risk per person but also diminish our gain which will lead us searching for additional properties to meet our goals as a group. 

Is limited supply a reason to begin with less partners as it will require us to find less properties to reach our goals? Does having more people to help outweigh the task of finding more supply to purchase as we could explore alternative markets? 

If you just started out with the goals of achieving 10 personal rentals as quickly as possible, would you bring on multiple partners and expand the teams goals of an additional 10 per person or would you stick with as little people as possible allowing a lower requirement of fitting properties to find?

Also if anyone is based out of Indy, I would love to connect.