I've known multiple people in this area that do BRRRR method but they've always had an in (real estate attorney, contractor, realtor, etc.) in order to hear about the good deals. 

I have no structured means to learn about this business, and currently reading forums such as this, watching videos, and listening to podcasts are my means of learning.

The rule is that your purchase price should be allocated between land and building in the same ratio as the value of each component bears to the value of the property as a whole.So let's say the property is worth $100,000 with $60,000 of the value attributable to land and $40,000 attributable to building (you can use any reasonable method to determine this; one easy way used by many is the assessor's split, though there are other methods that could yield a better answer for you).You buy the property  at a huge discount for $10,000

Others entry points could be the BRRRR method, or even buying a house and simply renting rooms to get started as a landlord.

We cannot put an LLC or both of us on title and wanted to know some ideas on how to structure the partnership effectively.

One for my flipping business and one for my rental properties.For someone who is buying both rentals and flips, is this the easiest way to structure things?

But then you would be signing a new Mortgage stating you intend to occupy for another 12 months.If you were using the right loan officer from the start, they would have helped you structure better and use a Conventional Home Possible to buy your 2-unit, then you would still have your FHA available for the next property.In your case, you would need to refi to an investment property loan which is a max 75% LTV in order to buy a new primary right away using FHA.This is why it's so important to pick the right lender, because now you're stuck. 

If I do want to move forward, how should I structure a contract to provide me maximum contingency options and protections?

If I do want to move forward, how should I structure a contract to provide me maximum contingency options and protections?

The caveat is that I am very good at organizing and very good at working without supervision or structure other than that I create.