I do not sell my model but I have a friend in the business who offers a much better model than Michael Blanks in my opinion.

@Brett Coultas if you're a newbie, you want to be careful of an "investor friendly" agent selling you something they truly don't understand:(95+% of agents only know how to handle owner-occupied transactions - you can verify this by asking them calculate ROI for you or Cash-On-Cash!

A 50/50 split, while not uncommon in the world of flipping, is very sponsor friendly, relative to the typical syndication which will typically start at 80/20 or 70/30 splits, with a vast majority of proceeds going to the LPs, along with a preferred return that gives them 100% of the cash flow up to a certain annualized return metric.  

I would, as a couple, consider each of your unique learning styles, leadership styles, and investment risk tolerance.Perhaps, consider finding an investor friendly Realtor you both like and trust to help you come to consensus.It's a process.To Your Success!

One of my commercial RE agent friends  here moved out there. 

My best friend lives in Kingman with his mother.

Quote from @Jemini Leckie: Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend.

To get started, consider focusing on house hacking in California with properties like duplexes or single-family homes with ADUs, or explore out-of-state rentals in landlord-friendly markets like Ohio or Georgia.

Lastly, the barrier to being a successful landlord is getting slightly more difficult (still not wildly difficult) year over year due to tenant friendly legislation being passed.

My only experiences with Detroit area are through friends that purchased low priced homes there years ago also I am not qualified for advice on that front, but do have SFR, turnkey, and commercial experience and think those could be great options for you.