They offer invaluable insights into neighborhoods, regulations, tenant demographics, and market conditions—information you can't get from books or podcasts.The good news is that working with an investment team typically comes at no extra cost.

These accountants believe that purchasing from a related party is fine as long as it is an arms- length documented market-consistent transaction.   

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Document every communication in writing!

Be currently employed and be able to provide 3 most recent months of past paystubs or other income documentation. 3.

.- Documents were promised week after week, but never delivered.- The investment portal is not properly managed, kept up to date or actively used to track financial progress of LP investments.

If neither wants to sell you may consider putting everything into a jointly owned LLC with governing documents spelling all of this out. 

There are so many landlords that never update their lease or other documents.

Charles,Good news for you since you are a Military member is you do not need any money for your first home purchase. 

Fellow STR owner/manager from TX.I do think there is value in having some pre guest documentation in the event that you have a guest come in and make false claims about cleanliness, etc.