So you would lose the advantages of an LLC and add the disadvantages of a C-Corp. i don't know what advantage you think you might gain with this structure but it will probably not do what you expect.

With the proposed partnership being a 50/50 split, that is going to be taken care of by the other party. 

Then on the flip side I don't care what market it is.

There's a big difference between caring for a person and holding a person to their responsibilities.

For example, the pros list for the desirable duplex may look something like this:Safe locationUpdated kitchenNice viewsLocation proximity to workWasher/dryer in unitDishwasherEtc.If you don't care to do the exercise above, then my short advice is to buy the duplex that you like. 

Even if a bunch of buyers don't want to buy because of your profit, someone will come along who doesn't care what you make and only want a house that fits their criteria.

Just be careful the new agent isn't "tickling your ears" just to win your business.Be sure to fill us in on the details once you're finished. congrats!

Then again, some states don't care about laws...Second, I don't see a question.

If that's the case, I would highly recommend you trend very carefully and focus more so on whether what they teach adheres to Dodd-Frank and SAFE, aka major federal laws on residential financing transactions.

All it takes is one crappy management company to not take care of your buildings, lose tenants and ultimately hurt your portfolio.