I'm in a similar spot as a relative "newby" and getting the proper education is vital as I'm finding out.I highly recommend the book (I prefer Audible) Loopholes of Real Estate: Secrets of Successful Real Estate Investing (Rich Dad Advisors)It's by Garrett Sutton and will cover your questions as well as info on LLC's.Best of Success!

I also agree that it's vital to have a "Contact Us" page.

The archer (insurance) won't pick off every bad guy that tries to get in, so having the walls and moat is vital.

Orange Beach & neighboring Gulf Shores AL has already been through that cycle where areas outside of the primary beach zone originally  designed to accommodate primary residences are now restricted, but the major tourist areas closest to the beach are exempt, creating a balance for residents & the visitors which are so vital to our local economy!  

once you start making modifications, it makes sense to pay a few hundred for a custom agreement.

It's vital that you build a team that works well together, but everyone stays in their lane. 

If you end up with a loan, you might consider signing the note too and justify any modification to the split if you can based on your risks assumed.

Hello @Torey Chumbley,Property management is definitely a vital key to out of state real estate investing. 

Working hand-in-hand with townships is very vital to any property management company in NJ (especially when you get into the smaller townships). 

If a tenant requires modification of a unit to accommodate those needs a landlord is forced to pay the cost in almost every case.