Partnership Do's and Don'ts- Any Advice

[Austin Nieves]

I have teamed up with 4 other newbies(2 brothers and a cousin). Each of us works full time and are excited for the journey ahead. We are currently in the final stretches of escrow and hoping to land two 4-plexes. What are some do's and don't when it comes to partnering on an investment property. We are family but want to make sure we have a solid business foundation and professional boundaries. Any and all advice would be much appreciated.