We are also entrepreneurs who have run a successful marketing firm since 2011, so we have experience building a business from scratch, hiring, marketing, building and leading teams, high-level negotiating, etc. 

A ton of questionable money raisers are running around as "co-GP", but do they "really" co-GP or is it a shell title with no authority nor a legit role outside of raising $ for a cut?

I'm sure if you sent an email to the WRA (WI Realtors Association) they'd give you the run down!

I’ll run a title search.

I've got a list of questions I'm running through each and asking for advice on various neighborhoods within each city.

Meaning if they cannot find a fault in the paperwork or reach settlement it can cost more in the long run.

(as long as you're in a market that doesn't require you to be licensed to act in that capacity).When it comes to profit margins, they can vary widely - which is why it's important to run your numbers before you take on a property.

I've bought a handful of foreclosure properties here in Colorado and am running into an interesting scenario with my most recent purchase. 

You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

I've run into my first issue, in that, the potential tenant has a mixed breed, no surprise there.