my brother and i have done exactly the same thing although we are about to secure our third property, and in my mind it’s the perfect team. If you get along with your brother as well as i get along with mine then i cant see many problems – i feel its so much better than teaming up with your wife/girfriend, although its sad to say, in the most marriges just dont last unless of course you truly happy. where as a brothers for life.
There were a few areas i questioned about steves book and as im from the uk not all of it applied to me. One thing that did poke out was that you have to be creative and make a deal work for you. I think the time steve entered into the market is the main reason for his success, but there is no reason you can not make it work for you in the same way. If you follow this book word for word you are going to find it very hard going, not impossible though. I think you really have to look further afield and even in a booming market there is still opportunity.