Much better chance of posting in classifieds here - if Facebook the group that taught you that it's smart to get this type of funding may have people as well. 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!

Second thought was to give away the home free to whomever is willing to do the work.( look for this in the classifieds if I end up with the property.

As an example, the changes they've made to the Classifieds section are in my opinion the best the site has ever had.

before I had a PM I have one account and use quickbooks and just classify each tenants deposit as a class.

My assumption is that the county classifies this as a 2-story home rather than a 1-story with a finished basement.

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

@Landon Sheveland People do fix and flips while living into the property to classify the property as primary residence and not pay any capital gain taxes. if that is your intention, don't use LLC to establish this as your LLC.If your goal is different compared to what I said above, you can use LLC.

Specific is how I classify loans toed to a specific property, and generic is how I classify our family loan that is not tied to any specific property, so I have to allocate it myself.