It’s a fantastic way to connect with like-minded individuals in your market who have been in your shoes.

In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

1099 means they are their own boss it is very hard to hire individuals and not have them be w-2 employees. 

Please keep in mind that I'm looking to make a substantial cash on cash return when going into REI.

If you’re asking how two immature individuals can handle their differences without legal costs then the answer is that they both have to give up the scorched earth policies.  

Basically are the two of us treated as one "individual" with this structure? 

If you're already pricing in a negative cash flow, I would strongly suggest you read what happened to another individual on BP: https://www.biggerpockets.com/forums/48/topics/1204955-almos...

I Would Love To Meet And Build Relationships With Like Minded Individuals.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

The amount of cash or high interest debt that it takes to pull off a BRRRR is substantial.