I guess how you handle the person by building a relationship is key here.

What they said^^^^No obtaining a permit for a structure that will be a habitable dwelling is just plain stupid... sorry - nothing personal.

I use it for my personal portfolio as well.

Assume the property is well located with average appreciation ...Selling some properties of mine and just curious what the average investor buyer is thinking ...Thanks guys I wouldn't personally recommend deliberately buying a property you believe will be negative cash flow.

I do want to separate my business and home expenses, but even if I had a business CC, I'd still have to pay it off with my personal money because its going to be awhile before I'm making income.

I wouldn't be selling in this market personally, so if you don't sell the SFR and you really want to do this, a DSCR cash out refinance on the triplex, or a hard money 2nd is your only option to get the liquidity needed to make this move.

There is much debate about that but ideally you’ll talk to an experienced agent who can advise based upon experience as compared to an experienced insurance sales person who can sell. 

I understand that working with professionals decreases the likeliehood of this happening (and this person is a corporate America professional) but thought I'd get some insight from this very well versed community!

You can define the roles of each person inside of the partnership agreement without necessarily using the terms General & Limited Partner. 

I also tried setting up more conventional management services for rent collection and got a huge amount of pushback that the tenants didn’t know the App and didn’t want to put personal information or bank account/credit cards into some App they’d never heard of.