While qualified dividends get preferential tax treatment, real estate offers:Depreciation deductions1031 exchangesCost segregation opportunitiesHome office deductions for your management activitiesAnd more!

You need to work with a property manager that has experience with this, unless you plan on doing it yourself.

When you say a live revenue manager, what do you mean by that? 

CRM: What’s the best CRM for managing leads and clients?

Recently, management changed it so both loans can be made with one payment versus two separate transactions. 

The property offered a balanced investment opportunity—enough to significantly enhance its value through renovations, yet manageable in scope and cost.

Quote from @Jacklyn Robins: You've "never" had this issue, but you've only managed a few properties for five years.

We find off market deals through out property management clients How did you finance this deal?

I've been sending people to a Realtor/property manager in Sacramento.

The property offered a balanced investment opportunity—enough to significantly enhance its value through renovations, yet manageable in scope and cost.