When you say building a stable tenant base, that's referring to long term tenants that rent for 3-5 years vs maybe a 6 month or 1 year rental? 

You have to find the right one by asking the right questions and getting references.  

Partner referred it to me, and we negotiated directly with the sellers How did you finance this deal?

Are you referring to a community of LP investors on BP or somewhere else like Facebook groups ? 

My primary people have been good at referring others to me generally - like when my handyman was on vacation, he referred me another handyman when I had a need that had to be tended to within a few days5.

This is often referred to as a "seller carryback" for the second portion.

Consider getting references from past investors with the GP.Return - 11%.

Then asked if I had friends to refer him to if I wasn't interested...yeah right send my friends to a scammer. 

For future reference, Evolve is not a "management company."  

His criminal record shouldn't play a role if he was released from prison five years ago and has held a steady job, has good landlord references, etc.Disorderly conduct looks pretty minor, and I don't see how it poses a risk to you.