I was also thinking of doing interviews and some sort of joint marketing with local restaurants, outdoor shops etc. 

That $4000 can form a part of your resources for use in joint venture with an established, reliable  and trusted investment team. 

But if you want some documents on how we do basic house JVs shoot me a PM and I will send you over a editable Joint Venture Agreement. 

They're not likely to share those documents for free.Each partnership or joint venture is different.

Just make sure you have the proper Joint venture doc in place.  

If he is going to own the properties100% and he puts 100% of the money in, you might want have to have him create an LLC for himself and you be a Joint Venture partner.

Roughest area imho (Brooklyn blvd) is next to the worlds greatest pizza joint you should stop at while looking at properties. 

If you’re married and your spouse consents to a joint gift — also called a “split gift” — the annual exclusion amount is effectively doubled to $28,000 per recipient for 2017.

My wife and I have jointly applied for a loan in the state of California.

It adds up.) or free ACH payments  through  a company called "DWOLLA", however DWOLLA had a lot of negative reviews on the web, and I don't want to spook a tenant.- I settled on Cozy.co where I can automate tenant applications and screening and keep track of payments and accept electronic payments through ACH, or debit or credit cards the tenant pays.Hopefully, TurboTenant will provide free electronic payment and accounting/tracking.