Also, both Arvada and Wheat Ridge allow Airbnb rentals, even as investment properties (laws could change in the future though), but that is another strategy that could cash flow well if managed properly since Denver metro has really good tourism in the spring and summer months.   

We are looking for feedback on how to properly execute this deal with the private investor where he has ownership in the deal?

Proper notices do.

Does anyone have experience with Corporate Accounting that would be willing to train us to ensure our system is set up properly?

I could see this causing some negative reviews if I didn’t list this clearly or is the guest didn’t read properly.

I am in the process of purchasing our first commercial property (retail/office) and want to setup proper structure for it.

In order to avoid common pitfalls that can happen when buying wholesale properties, you need to have a proper exit strategy.

No eviction, she's moving voluntarily supposedly...I say supposedly because she hasn't given me proper notice.

And set it up properly so everyone is covered sufficiently.

A properly done rehab could increase value considerably and may open the door to a cash out refinance.