Time Commitment - Basically if one of you spend more time on the project than the other they should be compensated for that time.

Your goal is to build a passive real estate portfolio (we can discuss what passive means to you), so while I don't condone throwing $100k into a deal without even a basic understanding, alternatively doing so will teach you far more lessons than reading a book will.  

Basically common contract or agreement law.

So basically its a "warm and fuzzy" about a property.

Reporting is basic, but it tracks all rent inflows/outflows. 

You basically have no escape plan.

As the cash flow is obviously much worse than you can earn in the bank with a basic CD.

You can try reaching out to a bunch of them but you most likely will get lackluster response if you don't show some basic level of commitment on your end. 

You could find your local wholesaler ( basically what a land flipper is) and ask about what CRMs they are using and also talk CPAs.  

Focus on learning the basics of MTRs, including their appeal to traveling professionals and the need for furnished properties.