In the meantime, I had a bad experience with a local (Seattle area) custom cabinet maker so I'd love some recommendations on folks who do high quality work, but are reasonably priced and responsive.

We want to have a contract in place stating who does what, who's responsible for what, who get's what cut, and who will invest what. 

Hire a lawyer that you trust and ask them to make a few calls for you, maybe write a very clear letter and see what kind of response you get.

Real estate adds responsibilities, and you should move forward cautiously, measuring those responsibilities against your income.

I apologize for the delayed response here.

Clearly define who has what role and what financial and day to day responsibility each of you has. 

Thanks for all the responses.

If the response is "No"...Q: "Can we do it for 30 days only?

Very responsive and attentive. 

Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some information how to set the LLC up for tax and accounting purposes.