Any tips for fostering open communication and avoiding conflicts over time?

Though, there are also a lot of poor properties to avoid, overpriced multi units, shady wholesalers, and just out right bad deals at certain times.

You have the capital gain taxes on the backend.

I would avoid areas with no regulation unless you find a hidden gem.There are still many gems out there specialy in tightly restricted markets.  6 months ago we missed on a property that went up for sale. 

Look at property tax sales.  

So you tax basis will step up to the sale price.Good luck!

Its tax time so 1099/w2 or bank statement.   

Property taxes ought to also be considered.

So no tax returns, DTI, etc.

Tax free on the gains if your primary residence for 2 out of 5 years.