What will matter from an IRS perspective is when the burdens / benefits of ownership have actually been transferred. 

Understand from his perspective, what his timeline will be to complete the project.

This is a different perspective...https://moneywise.com/investing/real-estate/charlie-munger-h...

I would like to know from those of you out there that are RentRedi savants, how you manage/create your leases, and how RentRedi has been from a syndication perspective. 

We want to rearrange the triplex and quadplex and would love to get an Architect perspective to rearrange things without going too crazy our our budget.   

Well, yes, completely from a financing perspective.

By managing properties in these diverse regions, we beleive we have a unique perspective that allows us to better adapt to each market's unique characteristics and offer the best services to our clients! 

From a rental perspective, it is a desirable area for tenants, due to its walkability, proximity to the St.

That's not a slight, I know you said you've done some research, this is to put things into perspective for you because some of what you have said here has clearly defined to me that your lacking some very key very fundamental information. 

I also look at it from a frequency perspective.