However, the lease should define who pays in the event of a structural issue (roof, walls, foundation) and major maintenance (HVAC replacement, parking lot repairs, landscaping, windows, siding, etc.).

It is good to try and define your criteria and niche early on as well (will you be focusing local, specific market, how many units, what asset class, A/B/C/Section 8 etc.)

.- I have broad Power Attorney to help my fiancee manage her finances from here on out.Ideas Needed:If anyone can help bring guidance I'd really appreciate this.

The city defines "primary residence" as where you live for 183 days/year. 

By the way, yes, I know this may seem broad but it's almost Friday (as if that means something to the world or RE, LOL), so play along, please!

By the way, yes, I know this may seem broad but it's almost Friday (as if that means something to the world or RE, LOL), so play along, please!

These were the general broad strokes as I understood them.  

It sounds to me like you might need to define your criteria further.

I would definitely still have some sort of operating/partnership agreement up front, where roles and responsibilities are clearly defined. i would also include exit strategies. you do want to be careful about being in business with family. having everything laid out up front can help. 

Define your investment type:  Fix/Flip profit, passive income, etc.