The title complany that handled my rental house transaction had a lawyer as a partner and they were very helpful explaining how to do owner financing.

It sounds like you are determined and you are willing to partner with others in order to turn around the area.

Maybe even look to partner with someone here on the site who is active in the market you are considering.I hope that was helpful.

Then you can use their capital to purchase more property. 2. partner - find a JV partner who is willing to partner with you.

In a syndication with multiple limited partners, what is the protocol for a limited partner whom wants to exit the investment?

If it's a really great deal go ahead and lock it up with as cheap earnest money as possible now to get rid of competitors so it changes to pending status.I can guarantee others are looking at it right now and running the research you are as well.Get it locked up cheap and then do most of your research in your due diligence period.If you find you do not want the deal you can always assign it for a fee if allowed or bring in a partner to help with additional costs that is discovered or you can negotiate the price down further.I see it everyday where an investor does too much upfront work and do not get it under contract and lose out to someone else.

I am wondering how i go about making sure that if something happens to me, my rights will go to my wife and not my investment partner?

This entity is likely taxed as a partnership with the partners being entity 1, you, and any other partnersThis segregates your "income" entity from your "assets" entity.

When judging credit worthiness of partnerships do banks basically add each partner's debt and income together to determine debt/income?

I haven't ever done it before, but one of my partners has done it a few times.