This would allow you to retain the benefits of a partnership while potentially offering more flexibility in financing options compared to an LLC.

What was the outcome?

Simply relying on an average CPA or general advice from forums may not be as effective in helping you identify and take advantage of all the potential tax benefits available to you. 

Extended holding of an asset without a potential buyer is very much holding on to hope.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

However, I can teach you the business fundamentals, and you could potentially help me with lead generation.

While this house was a mess, I could tell it had potential and was in a great area!

Ares (ARCC) in particular seems to have good stability along with high yield.Does anyone here have experience or recommendations on potential investments?

You have code enforcement issue in one of those cities and they do not know you, your life is not going to be easy meanwhile the person who has been there for 10 years and knows the inspectors families name will have a very different outcome than yours. 

Consider what questions the potential mentor may ask and how you would answer.