Using an LLC for the purchase would limit our ability to avoid taxation but it seems like it’s the simplest structure for the REIG.

The simplest thing to do is to just ask him what kind of return would make him happy.

I have done construction my whole life and I also work for a company that does $300M in work a year, and you basically should break it down in the simplest forms you can. 

Especially if it can be done in 6 or 7 months, it only takes a 5 or 6% return to net 10% annually.Hard money lending is probably the simplest way to accomplish 10% returns. 

An S-corporation's income passes through to the shareholder's personal return.I do not generally advice holding real estate in a C-corporation and rarely in an S-corp.In the simplest terms, I am interested in all facets of real estate investing, my friend and at this point, I do not have a specific focus area.

The simplest way I believe is to get a MLB on your team and work the numbers.

Buying subject to would be simplest.

You will get a bunch of different explanations but, to me, in simplest terms, it should be the expected rate of return on a project.  

It's about the easiest and simplest way to get going in this business.Let me put it in a nicer, softer way.

This is one of the simplest maintenance/ rehab jobs.