I have a one page cover sheet I add to each application with check boxes to show that they have the "deal breaker criteria", a section to score the "nice to have" criteria, and a section to briefly explain my acceptance or rejection.Our Criteria: Complete applicationVerifiable rental historySufficient income/resources to pay rent and liveCredit report showing prior addresses consistent with application We do not deny housing for race, color, religion, sex, national origin, handicap, sexual orientation, marital status, or familial status.We do deny housing to individuals:convicted of manufacturing or selling drugsconvicted of a crime the poses a threat to the property or neighborhood, including repeated disturbances, gambling, prostitution, violence, threats of violence, or rapewhere there is poor prior tenancy: evictions, violations, damage to rental property, poorly handled move outs, amounts are still owing to landlords or utilities.who misrepresent information on the rental application

I'd like some advice on how to structure a partnership between 2 individuals with the following skill sets, for the following goal.Goal:  To acquire rental propertiesSkill sets:Person 1:  Real estate knowledge, license, find/vet deals, handle negotiations, legal, tax, bank account, collecting rents, finding tenants.

If you can handle living in a multifamily property (which, since you're on BP, I'm hoping you can), you need to start out with a duplex, triplex, or quad as your first property.

My company has done up to 15 tracts (parcels) at a time, and one deal that involved 5 independent sellers (us as buyer), with one blanket loan... all handled via the closing attorney, who is a great asset for deals like this.

He also gave me some good advice on how to handle a mold issue at home.Anyhow, I need guidance through the rest of this process.

I just say to my LO tenants, you are headed toward ownership, you are a smart and financially secure family,, you'll handle most maintenance right?  

How did that area handle the recent flooding?  

I like to know that how do you handle and what is your ROI.Thanks.

I am not sure how I should handle my first rental property whether I should manage the property myself or hand it off to a property management company around me. 

I spend most of my time around Cleveland, but I've handled a few evictions in Medina Municipal Court too.I'd recommend following the posts and podcasts by @James Wise too.