I suggest that you start follow the tutorial to lean how JMS is working.
It shows how to create your first slave site into a subdirectory and later it shows how to share the users between website.
The sharing of extension require that you have MySQL user privileges.
So start to lean by creating a fresh slave site as shown in the tutorial. (ie. video 9, CP-03, CP04)
After that try replicate an existing website and for example see how to have specific image and templates folder (see video CP-05).
When you have understood how to do that in a subdirectory, you can try using the sharing.
See the video 16.
www.jms2win.com/tutorial