Why, because licensed real estate agents do not practice law and therefore are not allowed to write contracts. 

I'm up at 4am every day and I have an excel spreadsheet detailing time allotments for each day to work on personal reading, real estate work, practicing guitar, daily bible reading, and working out.

Partnerships on paper are split 50/50 but thats almost never the case when it comes to practice.

Is this common practice?

And if they do you should take it with a grain of salt unless they are also licensed to practice law."

I believe practicing patience will be the key to success in the long run.

However, you also want to be able to demonstrate that intent.Factors that would give credibility to your claim could include your normal practice, communications you had with professionals and your relatives as you were buying it, and the specific reasons that would cause you to change your intent from holding to resale.These types of things happen. 

However, I'm unfamiliar with best practices in structuring partnerships...

There is the notion that if they sell 'the contract' rather than the property, they are not practicing real estate without a license and breaking the law.

If you hire an agency to manage the campaign,  add another 1000 mo.if you hustle the SEO scene many many hours must be invested or paid for to beef up your content.