-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

My partner and I both bought new builds through him when he partnered with Real Wealth Network. 

This platform offers excellent networking opportunities.

You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.

I don’t have a ton of experience, 4 units right now and actively looking for more however I would be willing to try and host something if we can get some traction to get some networking going.

@Claude Diehl,You don't need a CPA or tax expert here; this is a straightforward transaction.

Networking with other local investors or joining a real estate meetup can also help you find great lenders, property managers, and contractors.

Population (20,000), that's why I joined bigger pocket hoping to expand my network.

Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.

Others rely on networking... hooking up with probate or divorce attorneys who sometimes have leads on properties that aren’t widely marketed.If you decide to hire a property manager in the Jasper area, maybe chat with a few owners who’ve used them.