Always do the analysis numbers to make sure you have a good deal and try to look at a property before you make an offer until you have some experience or at least have a clause in the sales contract that gives you some time to inspect the subject property and possibly back out of the deal without a huge penalty.  

You are better of seeking referrals from other real estate investors in your area for a quality lawyer and do not shy away at the prices.A great deal is subjective.

My question is this: should I continue to seek out an experienced investor who is willing to help mentor me in exchange for me helping them.

If it's in trust, might the person you seek be the beneficiary's successor?

I'm seeking a partner who I can partner with.

Alright guys, after being stubborn and beating my head against the wall on dozens of potential scenarios I have decided to seek out some help from those that have been down the same road I am about to venture down.I am 33 years old and my wife is 30.

If you get audited and caught your entire account holding the property becomes subject to penalties and taxes.  

I am currently seeking an investor for the acquisition of the lot next to mine for assemblage with the purpose of constructing a multi-family condominium building.

It’s a good idea to include penalties for erratic payment, but even then some may still push the limits.

. === here's the Calif Form, observe, it's a Proof of Service, not a Notarization === Proof Of Service I, the undersigned declare under penalty of perjury, that I served this Notice to Pay Rent or Quit, of which this is a true copy, on the above-mentioned Tenant in Possession in the manner(s) indicated below; [ ] On ____________________, 19____, I handed the Notice to the tenant. [ ] I handed the Notice to a person of suitable age and discretion at the tenant’s residence/business on ____________________, 19____. [ ] I posted the Notice in a conspicuous place at the tenant’s residence on __________________________, 19____, [ ] I sent by certified mail a true copy of the Notice to the tenant at this place of residence on ____________________, 19____, Executed ____________________, at _______________ By ____________________________________________