its very easy.. tehre are 35 states that do NOT require any license to do NON owner occupied loans.. very simple  talk to local attorney have them prep your note and mortgage and your good to go.. should not cost more that 1k or so for the docs..

I can PM you an attorney I have used for this. 

Again I’m not an attorney, this is just what makes the most sense for me.   

Its also a good idea to build relationships with realtors, contractors, insurance agents, real estate attorneys, and property managers in your area so take advantage of events, conferences, and meetups.

I'd definitely consult an RE attorney who is versed with dealing with these. 

Also a local eviction attorney claims the LL winning rate in evictions is near 100% even with the friendly tenant laws.  

These are really questions for your attorney - the more typical scenario for a jv like this is you have a new LLC where you are the manager of the LLC and the investor also owns a percentage of it.that way you don't have to deal with transferring it etc. 

I am in contact with an attorney in RI and we are looking at possibly doing a joint filing against Teshaw.

To gain investor confidence, ensure the investment property numbers are real, use the most common contract forms in your state (versus a 2 or 3-page) internet/guru contract form) with appropriate addenda, or an attorney-drafted form and attorney-drafted assignment agreement.

My name is TR, I am an attorney and investor from Milwaukee.