In terms of structuring you can figure out how you want the partnership and then you can market it to investors that will likely go for that approach.

I had about 20 rental doors in 1 1/2 years and this is all while maintaining a full-time job.My approach was basically buy, fix up, raise rents, keep for a couple of years and sell which I did with many of my rental units.

Then you could approach your dad with a concrete plan instead of a pie-in-the-sky dream.

I think you took the right approach of just trying to get into something and start learning.

I'd personally try to incentivize him to clean the property before applying pressure in terms of an eviction - carrot before the stick approach.

If not maybe you can take a different approach with two properties like you mentioned. 

How would I approach this?

So, that was the skinny - now...I feel I'm on the right track for saving for a downpayment n closing costs...I have been doing my research as to which strategies I wanna approach and execute on....I guess now that things seem to be going smooth and it's just a matter of time/saving til I can get my start in REI....that...I'm worried when I actually have the money for the downpayment and I go to vet lenders, that the lenders are going to deny me due to the industry that I legally make my living in.

As we approach “retirement” from my day job in 15-20 years, we will begin paying off the older mortgages on the rentals.

This being my 2nd long-distance rental and I had totally no idea how to approach it.