My portfolio started with a $35,000 Diamond Head condo that has generated over $400,000 in appreciation and over $400,000 in net rents.  

I'm sure the pros here can run these in their head after a while.

Just wanted to say hi and give an quick introduction before I dive head in and start reading and learning from this site.

Your last paragraph hit the nail on the head.

In my opinion one of you will have to be the leader with contractual veto rights or have a person selected ahead of time to work out conflicts, and that should be decided head of time and part of the operating agreement. 

At least that's what I see it's headed for.You definitely need to have cash flow.I think a multiplex such as a duplex or quadplex would be a great way to start and get your feet wet.  

Hey @Gary Erdoglyan- head to www.biggerpockets.com/nomoneydown/ultimate and it should be in there!

I don't have all her info on the top of my head, but her name is Rita and I think her company is Rita Sells Houses or something like that.

It was either an epiphany, or a hard blow to the head, but I realized that in order to really do what I want to do it seems like it will require me to get my RE license. 

Not sure where PCB is headed.