I work  with investors that are staring their investment journey this way and they find that they can get control of a great property for a small down payment.  

Not sure who you could talk into doing this.. you lose all control..

If you controlled this deal you could present it to the right investor with the right proposal and split the $1000/month cashflowExample 2- Just got a call from a tired landlord.

Within three weeks, we managed to coordinate all aspects of the sale, including helping the seller transition her belongings into storage and securing a solid offer.This wasn’t just a transaction—it was about helping a client regain control over her life.

But if you both want to own/control the properties it probably makes more sense to have a legal entity.

If your lease doesn't explicitly address pest control responsibilities, it’s worth reviewing and considering adding a pest clause in the future to prevent disputes by adding every single pest.

@Ananth SubramanianThe thing to remember is this: you can't control what other people do, only what you do.

Note if prop 33 passes, SFR can become rent controlled.  

I borrow dollars from the bank and immediately sell those dollars to owners of commercial income property that I want to own.And then I buy those dollars back over time using the cash our tenants pay us in exchange for using our space.I'm currently shorting $10M and I can't lose regardless of who wins on 11/5By the way, the dollar will always decline in value so this thesis is applicable in any election or economic cycle.Go vote for whoever you feel strongest about, but remember you have infinite more power and that which is within your direct control. 

It's directly manipulated by the Federal Reserve via quantitative easing, yield curve control, and short term manipulation of Fed Funds rate.Over the next 40 years, there will be a Minske Moment when people realize that (without reserve currency status, and the ability to counterfeit our own currency ad infinitum) the U.S Treasury is an objectively insolvent entity.