So, If I put in $500,000, the total amount of shares rises to $1,500,000 and I own 500,000 shares while my partner still owns $1,000,000. 4) When we sell the property at a profit, the net profit will be distributed based on a percentage of share ownership.

So the places we all encounter that don't even have a wheelchair ramp at the entrance (at the appropriate incline, etc), even though it would be relatively easy to put in, aren't compliant (envision a storefront set back 10 feet from the sidewalk).

Most people won't put in the work. 

It is somewhat complex to try to explain on a forum, but at a high level, you (aka GP) and your family member (aka LP) would agree on how much the 2 of you would put in for the amount of equity needed (usually expressed as a %).

We don't have kids (might in the future), my husband and I are young and healthy, have stable high-income full-time jobs, and just put in a lot of work to both properties so don't expect huge expenses in the near future.

TurboTax like so many other tax software is only as good as the information put in.

But before I even get into identifying specific properties, I need to first get smarter about some of the other things I put in my post. 

Folks, it really is a simple listing of how any hours you put in and what date.  

We could put in another lease option buyer for 18 to 24 months.3.

They should ONLY include properties of the same size (sq ftg), and within a short distance form this property.Lastly, your profit comes after you recover your cash you put in.