They are the best selling books, and lay out best practices from millionaire investors.  

That way you both gain experience in the business, learn creative ways to find lending, the pitfalls of REI (not like you see on the TV shows) and you can possibly have input on the layout of the property, which could be valuable selling point in the future. 

I am going to be changing the layout significantly, buy am currently in need of a current floorplan.

Also you need to lay out how you are going to pay of the debt in 12 months.

It allows me to lay out a plan to execute,  and then gives me the info I need to monitor progress...but that's just me.  

I love the fact that so many changes are taking place. So happy I found this site. Who's with me??

Lay out each person's responsibilities, and think about the future.  

You seem like a really intelligent person so I kind of want to give you a little counter intuitive piece of advice.  

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It's not so much that what you're doing is improving inventory (because clearly you are) and yes - intuitively you would think that you would be exempt from sales tax.However, the issue isn't whether it's inventory or not, the issue is whether the end user is charged sales tax.