However, the one CPA I briefly talked to said the investment would be treated as passive.

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

Hello Friends,I own a 1982-built ground-level condo (one unit above, one below).

That's a great way to get introduced to a lot of agents and the new ones all in one place.

When they sign the lease, it is one of the five key points highlighted on the first page that they have to initial.

He then had a mentor that taught him one-on-one to invest in real estate.

One thing that DSCR is not really set up for is if the property is "Subject to" meaning not move in ready/live able.

You will lose one of the best benefits of the real estate industry, appreciation.

I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest. 

In fact I had one done that size over the summer from some real slobs who moved out, and it required an inordinate amount of deep cleaning including almost one full day just on the filth of the kitchen floors, and it was $400.