I say if you're going to reap the benefits of partnership as a starting investor, look for benefits that are unique and not easily offered to you. 

So yourself and your wife on an LLC created a partnership and you'll need to file a 1065 Partnership Tax Return- unless you're in a community property state. 

Some alone, some with partnerships.

A group of us are forming an investment group to start a few RE ventures and are in the search for an attorney who has experience structuring partnership agreements to help guide our group's structuring.

We are still looking at a few strategies, will this matter in how we structure our partnership?

If you like working with each other, continue the partnership.

I would like to create my own hard money lending company, or enter into an already established partnership where they are focused on the customer and where growth in lending is put as a top priority.

Whether income is in an S corp, LLC, Partnership ect doesn't change the type.

Partnerships are precious because of the way we can all help each other and grow stronger at the same time.Regarding the financial side of things, something that is revolutionizing my business practices and I wish I would have done a decade earlier is this:  Profit First. 

I want to keep it businesslike and fair so he never feels like I’m taking advantage.I want to be the sole owner to avoid any pitfalls of a partnership so I can sell or more likely keep and continue renting out after my son graduates.