I'd configure it as a 1 bedroom with an open floor plan to allow for a spacious-feeling office area.My wife and I are considering buying into a situation like that in upstate New York or Connecticut- we like the idea of an accessory dwelling unit where we could go to conduct business(she's in interior design, I'm in real estate primarily.)

Notice, knowledge or a notice or notification received by an organization is effective for a particular transaction from the time it is brought to the attention of the person conducting that transaction, or from the time it would have been brought to his attention if the organization had exercised reasonable diligence.E.

I’m sorry I feel like I misspoke somewhere along the line because the picture you painted is not at all I how conduct myself!

Also look for referrals from real estate agents or brokers.I use 3-4 attorneys for different things and all of them came along the way from me watching how they conducted business or referrals from other professionals.

If  a "coach" conducts business so profitably within their industry,why start teaching the competition all about their "secret reipe"?

We need local property investors to come to the Joliet Land Use Committee to fight a plan to conduct rental inspections of ALL SINGLE FAMILY RENTALS.

I will caution you on the short term rental... the city had issued a moratorium on any and all new licenses while they conduct a 9 month study, and then issue new rules and regulations for STRs.

So if one of the members messes up, the other members may personally be liable for the conduct of that particular partner.

Read this threads on partnering: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnershiphttps://www.biggerpockets.com/forums/51/topics/591...Taking-on-partner-s-and-limiting-our-liabilitesQuestions-for-capital-partners/Real-estate-partnership-questions/And here is a diagram to help guide you on this quest - talk with @Scott Smith to get implementation details:

You want to have a thorough inspection conducted so you can see what issues you will be facing in the long-term, but keep in mind that just because the property is old doesn't mean it needs to be upgraded.I hope my thoughts assist you in your investment.