Evan,  As a local broker, I’ve assisted many clients with the entity transfer process, often referred to as a "drop and swap."

Start the eviction process.

My process is almost identical. 

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!

What does the process look like from start to finish? 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.Let me know if you'd like more guidance! 

@Srikanth KumarBrooklyn Centre near MetroHealth, Tremont with Grace Hospital and ongoing revitalization, and Fairfax near the Cleveland Clinic are all great areas with solid growth potential.

Experienced developers, could you tell me how the process/financing works?

The process is pretty straight forward and not complicated at all.