I would also avoid gold, as it's not a great investment, barely above inflation in most cases over long periods.

So if you are not cash flowing now, you very likely will in a year or two ESPECIALLY if willing to put some sweat equity, creativity, a bit of money & time.Advice from other areas doesn't apply here so well - we are almost a different country with different concentration of realtors; investors; and CASH buyers (either 1st or 2nd in the country - consistently).As you stated yourself, almost everyone knows they are sitting on gold...

Mine did.

HI @CT Nguyen, I think you're spot on with the idea of splitting the cashflow 50/50, and here's how I would specifically define that for the sake of your partnership (and what I follow with mine)Cashflow = Gross Rents Received - tax proration - insurance - P&I payments - Repairs budget - CapEx budget (if separate). 

There is a gold mind of knowledge in these podcasts and I've been using them to supplement what I'm learning in the course.

Also as mentioned earlier, the down payment is not mine and will be paid back at 0% interest so I'm slightly confused if cash on cash return plays a big factor in this deal since once they're paid back, I won't have any cash in the building.Thank you so much for any insight and help with anything I may have missed!

I was thinking of just tracking all expenses (hers or mine) and using profits to pay all expenses, and then splitting profits 50/50. 

My partner's net worth is also about 10X mine.

I have Section 8 tenants in deep east Oakland right around the area he is talking about and those Section 8 tenants are a gold mine when they are properly screened.

The market analysis alone in this post is GOLD and has confirmed that I’m on the right track with my analysis of Ohio being a good area to invest in.