Would I use a regular residential lease form, or something more tailored to room rental? 

There are great online platforms that offer legally compliant lease and other rental forms tailored to specific state laws.

Make sure to research your market and tailor from there what your strategy is.

If they custom-tailor the application requirements for every property, it would take forever to get through the applications.

Do you want personal service tailored for your needs, or do you want to be fit into their standard process & 'system'?   

I am leaning towards investing in Bed-stuy and will tailor down my search between a 20 block radius.

Once you decide what geographic areas you wish to work, you can tailor your education by state and create checklists that are specific.

**Personality Assessment:** While I haven't a specific personality test tailored to real estate investing, you can self-reflect on your strengths and preferences to identify a strategy that aligns with your personality.

1) Do you need to form an LLC - No2) Partnership agreements can be just about as flexible as you want to specifically tailor them (i.e., you should be able to accommodate all of your goals above, if you want to go the additional effort of drafting an agreement consistent with those desires).

The lender is a direct lender I found through Bigger Pockets and they have build loan products tailored for investment purchases.I have a pre approval from a broker that I've pushed back as she's quoting 4+ points to get to the same rate and requires 25% down.