I still think looking for a TLC 2-4 unit can be a good idea to open up the ability to upgrade/renovate to speed up the equity position and tap into the ARV to pull your initial capital back out plus in most cases enough for the next down payment. 

I swear there's a new idea every day. selling land to non profits etc makes no sense don't do it 

Basically, Hey, I'm a new investor that thinks investing is all rainbows & unicorns, so can you hold my hand and give me the best advice & deals that's taken you a career to figure out?

Investment Info:Single-family residence buy & hold investment in Florissant.

Any idea on terms?

Our team has assisted investors from Canada, the UK, Israel, China, Argentina and many other places do exactly what you are aiming to do.In addition, we can help you with finding great deals, point you in the direction of lenders if you need that, place you with one of our expert realtors, manage your rehab, and if you intend to hold we can provide Property management services,'Inbox me if you would like to discuss further-Leroy

However, I want to avoid issues acquiring more properties under LLC in the future.An idea to avoid this, is to setup an LLC property management company that manages these properties held in Trust.

My potential partner and I have agreed to split everything 50/50 and I was thinking of holding all holding/cash to close funds in escrow and run it through my LLC, but would be interested to hear how any of you structured it in a way that protected yourself in the event that one partner turns out to be problematic. 

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

As an alternative, I am requesting contractors to sign hold harmless and release of liability agreements.