@Aaron VuUsually, its not advisable to hold Title of a property that you are using as your primary residence...The LLC, which will default to being taxed as a partnership, is a pass-through entity. 

@Aaron Vu I would recommend both buying FHA separately and then entering into a partnership afterwards. 

Through an entity(LLC, partnership, etc) or as tenants in common(personally in both your names).

I think it would be wise to draft a partnership agreement just to have expectations written up in advance.

I am also considering local investor partnerships, which may alleviate some of the burden of having to travel to see opportunities.

Also, you should be looking at PM as a partnership and not an expense.

I'd love some advice, or even looking for some kind of partnership.

However for a fist investment, I would like to start with my LLC only and avoid bad partnerships, and maybe later once I'll know more about the market here and potential partners, why not.

By default, a single member LLC is a disregarded entity and a multi-member LLC is a partnership from the IRS' perspective. 

Hey everyone! 
I am looking to be a sweat equity partner in the purchase of a smaller commercial retail center. I am a commercial broker, and would essentially be bringing to the table my ability to lease and manage ...