Math says you have a lot more time than you think, but you have to figure out how to balance it.I agree with others that your best start is at real estate investing meetups.

I'm guessing that you are looking at some third party that you have to pay, but it took me 15 minutes to figure it out and would have been much shorter had I followed directions the first time.

It is really nice to talk with someone else who is figuring out this process.Kim

Last week starting Tuesday, I sent her multiple emails and left her multiple voicemails to try to figure out the logistics of getting our properties under their management and rent ready once we closed. 

Your details are too vague because you don’t give your exit strategy and therefore a lender cannot figure his and consequently cannot figure out the interest rate he should charge.At one point or another, debt has to be repaid.

So now I have a cash flowing property created out of the ether (literally and figuratively).

-One of the cheaper options I have found is TaxAct Business ($140 + states), and TurboTax Small Business ($739 + states).The issue I am potentially running into, and I am not sure if the online software's mentioned above can handle (they won't tell me unless I pay for advice), is figuring out how to make sure the losses/initial capital contributions are reflected on my K-1 and not my business partner, since I made 100% of the contribution.

@Lavette Reid Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Build relationships, show them you are driven, and figure out how you can help them in exchange for information. 

Figure out what a good price per unit is relative to the area and that will give you insight into if its a good deal or not.