Ideally my brother and I would buy the property together and form an LLC and run as a business.However, my wife doesn't want to enter a "business" relationship with my brother, but instead suggests that we purchase the properties individually (since they are both on seperate deeds).

I think we all try to help each other but at the end of the day you have to make sure that you don’t over expose or extend yourself as an individual.

Most reputable turnkey providers have more demand for their product then they have supply.

On my trip I have learned that although they are welcoming tourist back because the demand for income is high they are not fully functioning. 

The concept of reasonable is really on the individual, because your reasonable may be $500,000 vs someone in the midwest reasonable may be $100,000, so you have to find whats comfortable for you, do your hw and take action. 

I’m currently looking at a duplex and even with the high taxes the prime location makes rental demand strong so it will cash flow nicely ($900 range per month). 

It's a personal decision for each individual. 

In those cases or other specified large rent increases that cause displacement, landlords would have to pay relocation benefits, with increased benefits for the disabled, seniors and those living with minors.The measure would also create a nine-member rent stabilization board to determine annual adjustments, hear petitions for individual rent increases and pursue remedies in court.

You pay taxes on what is left for you, presumable your half, in whichever way you calculate it.Some of my colleagues will disagree, but I maintain that individuals do NOT issue 1099-INT, ever.

I did this before and unfortunately, I was dragged along for almost a year, but then again this was partially due to the borrower and his lack of due diligence (I’ll take blame too for partnering with the individual) but I like to think that the mistakes I had seen wouldn’t take place if the project was under my watch or to the very least the situation would be handled differently.The properties and deals that I generally see and come across in the South Jersey and Central Jersey areas would need a gap lender that would bring roughly 25 – 45K to the table depending on the area.