hello Jeffrey good afternoon and thank you if you have advise that helped you in your business I would be glad to chat so that I can maybe use those skills for myself also. 

Going anything more risky than C-grade is not advisable for a newbie.

Thank you everyone for the wonderful advise.

I would advise partnering with an experienced property management company to help guide you and the business.

We spoke with a lawyer who advised forming an LLC to purchase the home to protect our personal assets.

Readers are advised to seek professional advice.

It is advised to consult with an attorney.

I am always open to advise from anyone more successful then me and would love to find a strong partner that wants to join me on this journey. 

There are endless ways you could structure your partnership, but you want someone to advise you how to do it in a way that protects both of you and your assets in the best way possible and with the right taxation structure for your particular situation.

Not to mention all the advising and navigating your own agent would do.