Start your journey in real estate by getting to know the field.

I am personally an example of the whole thing.

I have a vacant house a couple doors down from my personal home, in Texas.

Early on in my investing journey I experienced a ton of water damage because of water leaks in places that often goes unnoticed under sinks, in utility closets etc.I was curious if anyone else here has considered any remote monitoring water leak systems?

I just need a go-to person momentarily….Thanks, coachable newbie 

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

As for the persons you said you would send an application, you may have to just be honest and let them know that since they have pets, you are not going to send an application because you have decided not to permit pets.

Partnership B will be 10% Person A, 10% Person B, 80% Partnership A.

However, as you stated, Memphis can vary significantly by street, so I recommend visiting the area personally and observe the specific streets and surroundings, or doing a zoom call with a trusted realtor who has physically been there. 

I live in Southern Africa and I am very new to this whole real estate journey and i hope to learn a lot from you all as we embark on our real estate adventures.