I know for a newbie, all the information out here on real estate investing can be overwhelming which is why I emphasize picking one strategy that you're interested in and learning as much as you can before taking the leap. 

I'd design the LLC to emphasize the most significant credit and property-related experience among the four of you.Please don't hesitate to send me a private message.

Vi went to college and got a business degree that emphasized real estate.  

I can't emphasize enough to take the time to learn - don't just go out there are try it first!

I got a college degree in business that emphasized real estate and I have had a broker license for about 30 years.  

--They emphasized they HAD to move-in on the 1st because their current LL wasn't going to give them any leeway, even though he wasn't planning to rent the apt. back out (Superbowl was coming up in our city and he was waiting for that).

.)- Construction of buildings/fire protection that may impact the insurance (frame construction in a non-hydranted area or one with distant fire depts)I echo the posts that emphasize the importance of an experienced real estate attorney. 

I have a business degree from college that emphasized in real estate.  

I graduated from college with a business degree that was emphasized in real estate.  

I ran the figures past Bigger Pockets, but haven't received a response yet.I think I got the response because I used a Professional Letter I created emphasizing the benefits rather than the features ... thanks to a BP article on direct mail.