Thanks so much to anyone who could weigh in or give pointers to connect the dots for me.Well, you could do a joint venture agreement.

I'd suggest you understand the differences between lending and equity positions and follow the tried and true methods of partnerships, joint ventures etc.

The tax law allows this if you file jointly and your spouse is a real estate professional (per IRS definition).

My spouse could be an employee (form W-2), a parter (form 1065), or we could classify it as a "qualified joint venture" where we file two separate Schedule C's for the same business.  

If anyone may be interested in a joint venture please contact me.  

I would also say that finding a good property manager is worth some extra effort, it can literally make or break your investment.Here are some pics from our new build, we did a joint venture with our friend who is a property manager here in town.  

I'm new here and eager to get my feet wet in the game by doing joint ventures with open minded investors in Atl.

I would suggest entering a joint venture with a note investor and learning as you earn in that deal.

Or you can also do it as a Joint Tenants in Common where you have 50% ownership on the title.

I continue to do equity joint ventures (ejv) where I take a percentage of the profits.