I can provide you with more info on that and give you a referral to a good attorney specializing in asset protection and partnership structuring.Before proceeding, I suggest to have all or most of following questions clarified:Joint Ventures – checklist / questionnaireBefore you can start to set up the legal framework, there are various issues that need to be addressed.

How much you need asset segregation within the IRA LLC framework would depend on the dollars involved.

Has anyone ever used Property Frameworks as a property manager?

But under the framework of this esoteric short pay program, the results seem to be identical. 

If you have a basic framework strategy of what you want to do people will take you more seriously despite your age.There are people 3 times your age who aren't taken seriously due to vagueness and say things likeI'll do whatever it takesI'm a hard workerI want this more than anythingWithout a plan words mean nothing, and you may want to refine your plan based on what other people say, but a rough draft of a plan is better than no plan at all when talking to others.

When a property pops up that fits within your framework, you know exactly how to value it, put in an offer, and carry out your investment strategy. 

Here are some PM companies with good reviews I find : renter places, PMI management and Property framework.

Kaplan originally proposed taxing the owners of vacant buildings to raise money for homeless services, but she determined it would be easier to tax rental revenue that exceeds $200,000, because the city already has a framework in place for collecting business taxes from landlords.Wonder how that 200k is calculated...

I'm not looking for direct answers, but rather someone to guide me to material that would help give me a framework to make the right decision. 

Here are few basics : % of ownershipsDispute resolution, etcDeath/Disability of a partnerProfit/Loss allocation and capital contributionI would recommend consulting a good attorney to get a list of things that you and your buddy need to discuss and have a framework to draft an operating agreement.