How to find a partner? It's hard trying to find a partner for a million dollar renter propertie. So is there a site I can go on or what?

., happens in business all the time.In corporate america, it is not unusual for a fortune 500 company to have 600-700 entities across the globe for various reasons (taxes, regulatory and liability being the main ones).My "other job" is flipping companies, in a sense, and this structure is common, especially for partnerships with other investors.Commercial RE ($10MM+) is also conducted in a similar fashion.In fact, this is the norm outside of individual investing.You can always get a second opinion from another lawyer and CPA to see if it makes sense for your situation.

Although our partnership worked excellent for several years – AND were still friends, I’m not big on JV or partners but I appreciate the idea. 

Since you are not in a position to pull the trigger immediately, I suggest you start practicing evaluating deals so that you learn to do it fast.

Was in a partnership with my father since the early 80's in New York Suburbs.

about the condition of the property, if it truly is this much of a "steal", and likely hesitate to pull the trigger. 2) Take a risk on a property in the city near me (cheap prices, high turnover, poor schools, low income), which is not a great city for real estate, that I can buy entirely using my HELOC.

Greetings BP community, does anyone have experience using an analysis software program with partnership options?  

I feel, for now, that I'm a bit to early to discuss it in depth with them as I would come across as a novice looking for funding and guidance rather than a strategic partnership when I'm more prepared.

It's tough to time it right on, but since we're not anticipating any huge gains, I don't think you'll leave much on the table if you pull the trigger a little early.  

partnerships are rarely the appropriate arrangement. form anLLC that contains a push/pull buy sell clause that defines how the arrangement will be terminated.