We don't have a choice if we use their money.  

Given your situation, seller financing at 7% might be the better choice since it provides some cash flow, even though you lose out on tax benefits.

It sounds like you’re on the cusp of an exciting opportunity, and I’m happy to provide some guidance.Memphis, TN, is a standout choice for real estate investment.

I grew up ridiculously poor, virtually everyone I knew were renters, and they all had the same things in common - a series of poor life choices and ignored opportunities that kept them renters.

The market-rate housing is made affordable by having a landlord that accepts Housing Choice Vouchers (aka Section 8) and charges a market rent that is below the payment standard.Public housing authorities (PHAs) typically set the payment standards based on HUD's fair market rents (FMRs) at the county level of geography.

The FED Should start cutting rates Soon, out of choice or out of necessity.

In all truth, my laminates - even the cheapest off-the-shelf Lowe's stock ones - have held up just fine and were the best choice for my B units.

Obviously, I don't remember the exact word choice on the form, and was ignorant of what they were intending to ask...The closing attorney told me that that form would be sent to the IRS, so now I'm afraid it could bite me in the ***. 

The problem for 99.99% of the tax sale buyers is that they have a budget and can only spend a certain amount of money... which can easily be accomplished from just a small number of tax sales in their state of choice.

@Phillip AmbroseI am unsure if I would do any business with friends, but I feel the safest scenario is lending them the money to make the repairs (while also placing a lien on the property).