Really should have a lawyer draft the deed. 

I would also ask your broker if he/she can introduce you to a lawyer.

(yes yes call my lawyer- just seeing what I can get here first)

I am Grateful to any reviews, experiences and recommendations of RE Investor representing Lawyers/AttorneysMy Thanks to all Answerers!

Or $10 on rocket lawyer. :) That's what I personally do anyway.

If it is just the business and not buying a building or the land beneath it then it is not generally a real estate licensed activity.You need to check for each state what is or is not required.You could go on a site like Rocket Lawyer etc. and for a nominal fee ask the question.In commercial real estate transactions you can generally have consulting and other fees on the HUD-1 as RESPA does not typically apply.To look for more businesses you could look at bizbuysell.com  Sellers typically want 3 times gross profit earnings so if 100k a year after expenses they want 300,000.

I asked our Trust Lawyer if we should move the property into an LLC.  

2)  Should I just sit down with a lawyer and have him draft up a partnership agreement (both parties 100% want to have something in writing before we purchase our first investment property), or are there any resources on the site/elsewhere that we can draft our own agreement?  

If he gets smart with you; tell him you're hiring a lawyer to recover your losses.  

I have a few RE lawyers in mind, feel free to message or email me and I'd love to pass along their info.