The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.

However, anything that impacts functionality like plumbing, HVAC, or safety issues should be handled before listing to avoid turning off potential renters/buyers.If you’re re planning to lease it, tenants will expect everything to be move-in ready before signing.

This also begins YOUR title seasoning, so that when you're ready to take out a traditional mortgage, you can refinance and pay off the seller without a title seasoning issue. you can buy title insurance from the title company at closing. this is a good idea. 

Just curious, is there any tax benefit to filing as a regular partnership and issuing k-1s to ourselves that show a loss?

If I could ever be of some help in the process or want to discuss specific areas of town and investment analysis, please reach out!

“Notes” are such a BIG field, that I’ve found it more efficient, effective and profitable to target specific “arena” of notes at different times in different economic environments.  

He makes sure we maximize all deductions and have no issues.

Platforms like Zillow, Realtor.com, or even tools provided by BiggerPockets can help.

If however you don't have any specific goal or timeframe, I generally default to "long term". 

While I'm thinking about it, there used to be a specific meetup in Greenville called the Greenville Equity Marketing Exchange or something like that.