Very often I meet real estate investors who chose to go with a $200 tax return filing accountant who costed them thousands and tens of thousands of dollars in mistakes like miscalculated depreciation, missed deductions, miscalculation of capital gains when selling the property and so on.I understand you don't want accounting fees to eat all of your profits, but I simply encourage to factor what you're getting from your accountant, weigh it against the price and find the combination that works for you.

If your tenant has a valid lease, and is paying rent on time, and meeting all of the other parameters of the lease, you are most likely stuck with her until the lease runs out.  

An idea is planning an event for any employees interested to meet about buying real estate.

The former is active business income, and the latter is not business income, and is also sheltered by the section 121 exclusion, assuming you meet the requirements.

Any RE meetings/events happening near downriver MI?

You can meet them at local real estate meetups (Google "mytown real estate investor association").I would say you're off to a great start by knowing exactly what you want.

After reading posts about out-of-state investors owning/flipping many properties they have never seen in person before due to today's technology, I began to think... are there any situations where you feel like you MUST go visit your property or meet your agent, property manager, or GC in person?

Louis City, what are some good ways to meet them?

I’m only taking half of the profits, but I’m also paying for half the deal, working half the time, and have the benefit of added motivation to meet my commitments to both my partner and the business.  

I think that in my life situation if I can find properties that will reliably cash flow, then I will be able to build out enough equity over the long-term to meet all my goals.Originally posted by @Dewey Golub:Forrest, I would also pick a primary focus of equity growth or cash flow (of course try to maximize both).