I have learned through trying to find partners that often you will have a small portion of the profit for a while to give them a half-decent ROC.

On BP, picking a great deal -> rehab it -> either hold or resell it, or do the BRRRR (Buy -> Rehab -> Rent -> Refi -> Rent) strategy, you will love it, people on BP think this is an art, we enjoy the result as much as this process, if you buy a turnkey project, you'll lose half of the joy, also probably a great portion of the profit.

This law firm specializes in making side deals with the school paying them their portion directly so they will drop the case.

The investment allocation for the property needs to be at least as much as the net sale of your old investment property.So it’s possible for the “split” to be 75% investment and 25% residential as long as the investment portion is equal or greater than the old investment property? 

I leveraged money from my brokerage account and gave myself a loan for my portion.

With that portion being roughly 200k, my father-in-law can't simply give us the money as there is tax on gift payments above 15k to my limited knowledge on the subject.

Yes, they may find you a new tenant, this is where they typically earn a good portion of their money and sometimes on renewals too.  

I did receive a small portion late on the 13th of $500 out of an $1800 rent. 

I think Set for Life was an amazing book and a solid start to "holy cow this is possible" but it was also death by 1,000 options.I've found myself listening to business and entrepreneur podcasts and books over real estate. mindset and daily habits play such a vital role in any success and it feels like it's not really addressed. 

I have some information vital to that loan application.