The structure you are talking about is not forbidden, but you will need a knowledgeable professional handling you partnership tax allocation and maintaining your capital accounts. 

@Bill Hampton I'm confused.Say I have a partnership LLC with 5 properties in it.

Currently narrowing down geographies (between Hamilton, Kitchener, and Windsor now) and working in partnership with another couple, but I wanted to connect with the community here to find like minds.

@Emily Jones  as Account Closed said, every county/city should have a website with a parcel search function which will give you an addresses legal owner and their mailing address. 

So I put my foot down and said NO as I can't justify paying for a new set since they are perfectly functioning.

Those of you struggling with a management platform--what are some of the functionalities you're looking for?

You get a JV agreement or a Partnership agreement and describe the deal and the details of each partner's contributions and how the cash will be repaid for the investment and thereafter.

Multi-Member LLC are by default considered as partnership and file an informational return (1065) and issue K1 to the members that are reporting it in their own tax return.As @Jaysen Medhurst stated there are pro an con of having an LLC.

I ended up using exactly that since it seems to be in partnership with BP.

Instead of working with larger more traditional lenders, I thought building a longterm partnership with a smaller local bank would help build my empire faster and more efficiently.