Quote from @Spencer Dixon: I'm familiar with concept and benefits of bonus depreciation but I'm not sure where the current law stands and the bill that was floating around congress.

That's one of the benefits w/ Carrot is we can help you cut that learning curve and make it easier and faster for you. 

Besides the  depreciation,  tax  benefits that I would get if  I was renting to him are there there any advantages on co-owning instead of  me renting to him?

Of course, I didn't go with any of these GCs but I also have the benefit of waiting and not being on anyone's timeline or deadline.

An LLC is not necessary, but there may be benefits if you understand what you are doing and do it correctly.

I own a property in the Disney market and co-host/manage another 25 in the area.Disney I think is a good market if your goals are more aligned with traditional long term real estate goals, and a bad market if your goals are more immediate gratification and short term cash flow.The major benefit of the Disney market is that it's about the safest market you can find from a long-term perspective. 

I have been looking into the South Philadelphia market as the area is expecting the Bellwether District, a megadevelopment of industrial and life-science buildings, to be delivered in phases over the next dacade.

The true benefits of real estate investing are realized when you hold.

I’m also open to any advice or help that may benefit someone like me who’s totally new to real estate or better yet new to investing and creating a portfolio all together.

Each role has its own challenges and benefits.