Quieter tenants translates to: Older individuals without children or noisy pets. 

It’s a fantastic way to connect with like-minded individuals in your market who have been in your shoes.

1099 means they are their own boss it is very hard to hire individuals and not have them be w-2 employees. 

There’s a demand for individual rooms being rented out.

If you’re asking how two immature individuals can handle their differences without legal costs then the answer is that they both have to give up the scorched earth policies.  

Basically are the two of us treated as one "individual" with this structure? 

I’m sure I’ll incorporate one at some point- there is a lack of expertise right now so people tend to think it’s crazy, as the above thread shows.

If you're already pricing in a negative cash flow, I would strongly suggest you read what happened to another individual on BP: https://www.biggerpockets.com/forums/48/topics/1204955-almos...

I Would Love To Meet And Build Relationships With Like Minded Individuals.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.