I decided to switch back to Google Sheets simply because Airtable falls short when it comes to complex features.Google also just bought this platform called AppSheet, which just base off your Google Sheet and creates cross-platform apps so you can get all that fancy features from AirTable without having to leave the Google ecosystem.

I'm talking about creating a partnership with my sweetheart.

@Michelle Na ,Looks like you know what you are talking about.If you are breaking even before the depreciation, the depreciation expense would create a net rental loss that can be deducted each year if your AGI is below 100k.

It would be worth the $100-200 for a half hour/hour of an attorney's time to ensure you are following the laws and create a plan going forward. 

(At least at first)My initial plan was to create an LLC that outlines the terms of the equity structureOur goal/hope is to continue to acquire properties together over the coming years, but I will most likely be putting in more capital over timeDoes this seem like a reasonable approach to take?

Or would you try to find someone with a complementary skillset and create a mutually beneficial partnership?

They were created for investors and catered originally to the mutual fund and asset securitization industry.

From a tax perspective, If you want to Buy and Hold, you can just create an LLC. 

Look up the areas calendars for special events and create block out dates.

Here in Cleveland just like the rest of the country we have many neighborhoods with homes priced well about $300,000.I created The Ultimate Guide to Grading Cleveland Neighborhoods to give out of state investors like yourself an idea of what's what in our market.