Jennifer Lopez and her longtime manager Benny Medina have reportedly bought a home together in Los Angeles. The business partners plan to carve up the sprawling estate in West Hollywood, so they both have somewhere to live with their families whenever they're in Hollywood for extended periods. A source tells Life & Style magazine, "They are like family, so investing together and living together is natural to them." The property is in need of some renovation work before J. Lo and Medina movie in later this summer (13). Medina, who launched Lopez's pop music career in the late 1990s, is the godfather to her twin children. The pair's new pad isn't far from J.Lo's star on the Hollywood Walk of Fame. Medina was among the friends and celebrities who saluted her when she was unveiled as the 2,500th star last month (Jun13).