Still learning to use this platform:) To answer your question, I would like to stay clear of the metro and national fly to markets due to their volatile ST regulation structure. 

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Never buy any property without physically inspecting it and its neighborhood yourself, AND having it thoroughly inspected by a great inspector who YOU select and pay for.

Any tips on structuring deals or ensuring a smooth process would be greatly appreciated?

@Jack Lee is is great to know how to structure the deal, another is to find the property and make sure you are not missing the issues you will run into with an older house. 

Sounds like there might be some more facts of the entity structures since you imply a k-1 will be involved but only reference ownership of property A.

Let's break it down into two pieces, the LLC and the partnershipThe LLCYour current operating agreement should lay out ownership structures and contribution.  

Since my business is structured as an LLC the taxes have them all reported together as LLCs are a pass through tax structure.  

I finally had to send a message that we were aware of the problem and would resolve it when we were able but that it wasn’t impacting the tenants physical use of the unit.

I happen to agree with most of the folks on this board that this kind of structure is overkill.Also, understand there can be issues getting a mortgage with an institutional lender and potential problems getting title insurance.