Looking for advice on LLC structure, partnerships, location of Attorneys and CPA's, etc for a 50/50 buy and hold partnership on 100% turnkey properties in different US markets.The simple plan is to go 50/50 with great friends on 100% turnkey properties.

I'm planning on meeting with an RE tax attorney about this when I go to CO next month, as I currently live in IL.

My brother in law is an Attorney so I can have him review afterwards. 

It depends what you need a real estate attorney for.Forming your company, preparing Operating Agreement, etc. ... you can hire CA counsel.Dealing with local law, leases, tenants, legal issues and evictions ... need UT counsel.

Take this to a competent attorney to run through all of the "What IF?"

I’d contact your attorney to discuss further.

If not, I'd ask your attorney.

I would recommend taking this as an opportunity to start a relationship with a real estate attorney or business attorney you can trust and rely on for future advice.

Have you spoke to an attorney and/or an accountant so that an educated decision can be made?

@John Thedford The reason why the closing costs are so high is because that $$ includes the down payment that he would need to put to close the deal... along with the points and attorney fees.