I'm nervous because I've never had a business before and I still have a full-time job as a cloud solutions architect, which I'm really passionate about - so hopefully it won't be my golden handcuffs that may prevent me to thrive as an investor and  I'm excited because of all the benefits and freedoms being a business owner offers, one of which is to connect and collaborate with forums like this and people like all of you, where I can both learn from and hopefully share later as I develop more experience. :-)

That said, if you're partnering with people for expertise and sweat equity it makes sense to partner.

I am always telling people that I buy houses for cash any condition, As well I have a Facebook page that I post weekly to stay relevant and remind people I am looking for houses to buy all the time. 

It sounds as if the property is owned as tenants in common where the property is deeded to two different LLC's.If this is true, you would report your 50% activity on your individual return if it is a disregarded entity, or on a partnership return if your LLC has more than 1 member in a non-community property state.Best of luck.

Being smaller, it doesn't have as many opportunities for growth, as many larger employers, and as many institutions that draw people to the region.

I am also trying to replace my salary with cash flow so that I can just spend my day teaching people how to fly at my local airport. 

@Robert BurnsYou're likely going to get many different answers from many different people who have all had success and horror stories in different ways in RE. 

Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

Tell her to go out to a movie and have people do the work when she is gone. 

We were supposed to save a lot of money by laying off our AP staff here, but we actually ended up having to keep one of those people.