When you say "we," are you speaking about your business or your personal tax returns, or does your business flow into your personal returns because you file as a sole proprietor?  

I was wondering if there are any recommend in-person meetups in the LA area.

And does the person doing the labor get paid or only the materials paid for by the partnership?

Personally I like to build with cash to avoid the extra expenses, so I dont actually finance anything until its done and I have decided to hold it.

Don't spend time looking for something that doesn't exist. also in the US you cannot sue the police.. unless its a direct assault on your person. your wasting your time.. 

They tell you tha you  will get personal coaching with the best coaches, not true, mediocre at best and you only see them in Zoom calls.

I know i personally wont build anything with adjoining walls as the long term liability is to much risk for me.

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

Personally I never listen to what the seller states the income is as they are sometimes way off.

Owner financing and HELOC on personal residence How did you add value to the deal?