Depending on how much backyard space you have and your budget, you can also do a cowboy pool if you are low on both of those. 

"Wanting to know how the story ends before starting the journey."

That is generally not how the process of renting to section 8 works. 

I would make a site visit to where they live now and see how they treat the current property.

Let me know if you'd like to jump on a call and chat more about your goals and this market. 

How did you find this deal and how did you negotiate it?

How will this change the industry?  

However, having an organized set of books in QuickBooks will allow you to more easily answer questions outside of your day-to-day operations, like "how much will I owe in taxes this year?"

I'm just wondering how to handle the capital gain tax between me and my partner.

I hope to connect with people in the community, learn how to shop investments, find markets, and all things CRE.