For others who are interested, Brandon Hall also has a great BP post on this subject that covers a lot of the same territory as the podcast.

It sounds like you are in foreign territory, so I would encourage a lot of caution with any plan you move forward with.

Obviously with 50 states, and a number of territories and the District, not everything is necessarily uniform everywhere, but most states regulations mirror each other on this issue. 

I did confirm from a lead-based paint inspector that they will detect the presence of lead under any amount of new paint so @Derreck Wells you're right about that.

I’ll have a property manager as well, with a family I’m not super keen on dealing with tenants, more for their sake than my sake.My question at this time doesn’t really have to do with RE necessarily, it’s about digital presence and security.

Moreover, if some of your partners are passive investors, you may be entering securities territory.

I am from Charlotte myself and can attest to the city's dynamic market presence.

Depending on the situation and the language in your lease regarding guests, the tenant may be in hot water with you if the presence of the guest was not disclosed to you prior. 

But Charleston in the million dollar plus price range gets U in some nice inner city areas.. and crime while it happens everywhere there is some pretty robust police presence there. 

If any of the partners are passive then you're in syndication territory.