I’ve got a good size second master suite I could do this in.

He concern is to limit crossovers access to other property should a law suit occur.

Something like a mother-in-law suite? 

That means proper respirators, Tyvek suits, booties, negative air machines, lots of 6 mil plastic, duct tape, heavy duty trash bags, etc.

Don't drop the ball and lose focus, for now I am guessing the bulk of your income comes from that day-job, and you're presumably an already established expert at that day-job.One of the BiggerPockets Money podcasts guests of @Mindy Jensen runs some swimming pool university website that is his primary source of income.

The sink or swim scenario proved to provide me with the right pressures to stick to it and succeed.

I would shop around until you find one that suits your criteria. 

There are 16 executive suites.

It has a swimming pool, laundry, gated entry to the main property.

You don't want to pull one that you find on the internet as it may not be suited for your needs.There is an extra layer of tax compliance when creating a partnership/LLC.You may be required to file a partnership return which would then distribute a K-1 to each investor which would be used to be reported on his/her tax return.You will want to consult with a CPA for input/suggestions on the entity type to form, tax strategies and compliance work.