He says that the simplest way to do this would be to make sure the partnership is well-documented, and then just have my partner pay out my funds in a 1099 once the sale completes.

The simplest differentiator in the state of TX is the number 16.

What is the simplest way to do this with still having them have a secured interest in the properties?

The simplest way is to add a fixed amount to the rent while making sure that the tenants are still on the utility in case they use excessive amounts of power.

It's also important to make sure the strategies are compliant with local laws and regulations.Here are some thoughts on the options you've been presented with:Single Florida LLC: This is the simplest and most cost-effective option.

A wraparound mortgage gives you titleBuying with the partners such as a joint venture partner can be beneficial, say JV Partners put up down payment money and their credit, you create an LLC, and the LLC owns the propertyFor a minor rehab, which  doesn't qualify for a Wholesaling deal, because it's only 10% or less of value to do the rehab, you can do a joint venture with the seller, agree to give them equity in a note, get on title, then do the work, then sell it, and make a joint venture fee after you pay the rehab costs and after you pay off the seller's noteLease option assignments is one of the simplest and easiest ways for new people to get started in real estate, get your license first, because you're selling the paperwork, you're not on title.Subject to and a note is one of my favorite ways to buy a property with a lot of equity that has existing financing.

Simplest advice to give would be to read, listen, and network.

The simplest answer is: it depends.

@BrandonYour simplest bet is to buy it in your personal name.

I think doing it on the 1st is the simplest.