I've been a member of BiggerPockets for 5 years or so, but have never truly contributed to the platform.

You might want to consider using your equity in the land as your contribution to a partnership with someone that brings that sorely needed experience to the table.

Hopefully someone else will actually have something positive to contribute, instead of a rude response that adds no value, and just adds to post count. 

Its affordability, ongoing revitalization initiatives, and strong rental market contribute to its appeal.

First off, pardon me if I misunderstand things given the limited amount of information I have, but there are 2 things right off the bat just from your description that could be contributing to your issue: 1) a 2nd floor unit - I had a similar setup for a duplex I owned in St.

Startup costs paid out of pocket should be recorded as capital contributions and may be deductible as startup expenses or amortized.

It’s like a ROTH on steroids with no contribution limits. 

To establish a 50-50 ownership in both the property and future profits, you'll need a formal agreement outlining each person's contributions and rights.

While I can contribute some capital and sweat equity, I’ll need a partner to bring in additional funds to close the deal.Here’s where I could really use your advice:1.

Once again, very greatly appreciate your contribution and time looking at my report.