It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

But, if they don't have some sort of formal training/experience within the industry hiring them is a terrible idea (from what I've heard).Just to put this into perspective, all of our bookkeepers are U.S.

Compared to the 180+98 hours of training for licensing and first renewal of RE License in Texas.

But the first thing is, you definitely need to be in a position of strength.

Check out Jake and Gino's training program, or see if you can find something on hotel syndication.

The only multiday event I've attended was Sumrok;s and I thought the basic training was super valuable and helpful and very very cost effective. 

They also have trainings and other classes you can take, which are generally included with your membership, or at a very low cost.  

I also read daily and attend RE investor training courses regularly. 

Are you hoping for the partner to train you while working together, or would you prefer regular updates on the process?

I had some training but no real experience, especially when it came to negotiating.