I do make a good salary, but I know that my ceiling in corporate america is limited, and I don't have a desire to stay in that type of grind much longer.

Do you have any recommendations on how we could fairly incorporate my sweat equity into the partnership?

I've found many tips we've incorporated into our own leases.

As investors though we just need to incorporate this into our long term strategy and make it work in our favor if/when it does happen. 

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I went back to school to learn English and get an MBA in Corporate Finance (2000).

I have graphic design business that takes care of the creative side of my brain, and I'm here to get into REI to take care of the analytical side.

Overall, Matt gets my vote too, I may be the cause of confusion, however I didn't refer to sweat equity.You can incorporate installment contracts to purchase, sub-2 for example and provide a note while agreeing to make repairs and selling the property later.

I am trying to figure out wether or not to incorporate myself as an LLC or a PA ?

No matter what the vacancy rate is for your area, the truth is this: make sure you incorporate this vacancy rate into your analysisWhat does it mean?