However, it is clear you have an unusual partnership agreement so it is best to consult a CPA.On the other hand, real estate is not a liquid asset. 

The Short Sale was kicked off to the FHA Short Sale department and we had to start again.

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.

That bubble will burst in a very legally challenging way for people who follow that bad advice.Second, you have to be in a position to handle a Due on Salecall.Third you have to be in a position to make every payment on time even if the property is sitting there vacant.You have to know why you are buying the property and what you are going to do with it to be cash positive without question.There are other things but that is a start.

The best way to start investing with 0% down is to buy a multi-family and live in one of the units. 

Don't order the dumpster a few days in advance before they start work and let it sit.

I am going to implement some of them and wait for one more week before I either drop the price or hand it over to a realtor/property manager. 

Start doing this right now.

So I want to start looking at the best areas to invest in and do some research for myself 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.