Why are you looking to form a group - Are there qualities that you are looking for in a partner?

I would encourage you to think a little bit bigger, and rather than looking for an internship see if you can join or form a team/partnership. 

That is what excites me.THE ASK: I am looking for recommendations to learn the basics of a developer (critical questions to answer, due diligence, pro forma, site planning..). 

Just to add and maybe clarify: most sellers are selling not on actual, in place income, but on potential or pro-forma income.

You can put whatever you wish in a contract form. As

I am planning to begin real estate investing by forming a partnership with a family member - my brother in law.Neither of us has established an LLC for these purposes yet.I am trying to decide which would be better:1) for us each to form our own LLC individually, where one is the owner and the other an investor, or 2) we form a single LLC as partners.I would love to hear thoughts on potential pros and cons of each, or possibly other alternatives.

I believe homeowners and investors alike have walked away from more...yes, since you are investing with a non-spousal partner you should form a company of some sort, most would use a LLC. 

And folks who present pro-forma using income like that are either ignorant of the risk or else just straight shady.

Hello everyone, my question is I’m going into real estate investing with my father, we are going to form a LLC and invest and manage rental properties within and I want to develop properties in it as well.

And I am not talking about pro forma rents, but more if the property was rented at it's 100% rate.The property I am considering is currently 25% vacant.