Our property is in the Bay Area, which is known for having more tenant-friendly laws.

Consult with a tax advisor or attorney familiar with both partnership law and real estate to ensure compliance and minimize tax liability.Once under a TIC structure, 1031 exchanges for individual members could allow them to reinvest proceeds from the sale of properties into new ones without triggering immediate capital gains taxes.

It results in tenant friendly laws.  

.: Quote from @Charles Perkins: Washington law gives tenants the option of paying the security deposit over several months depending on the lease term length. 

I don't know Ohio's laws regarding disclosure, so it sounds like that may not be applicable. 

Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.You appear to be in Toronto, so the laws may be a bit different.

I’m reaching out to you, the seasoned investors, for guidance as I work toward making my first acquisition.So far, I’ve analyzed over 100 deals to assess their viability and profitability, and I understand the law of percentages in CRE.

Check your local/state law.

Yes the average American income is barely $60,000 and most of people on bigger pockets make more than that and a lot of people make that much in a month.