We worked him through the process, brought him a contractor, and gave him all the resources along with giving him tips on layout and all.

Quote from @Nicole Heasley Beitenman: When I was starting, I found a resource in FF that suggested pricing $300-500 above LTR rates.

So a lot of investment, resources, and time, for a very little value add project when our resources are already constrained, that has nothing to do with taxes or accounting, and then in the future the attorneys will be doing the work whenever a new entity is set up or there is a change of ownership. 

What kind of resources do you recommend for finding a good first choice? 

Would love to connect & share some resources on how to find a local mentor and id love to serve as a mentor for you in any way I can. wishing you the best!

You can find lots of real estate related resources (wholesalers, buyers, contractors, realtors, lenders, property managers etc.) 

Could you kindly suggest the best resources or methods to identify comparable properties in the area?

If you haven't already check out the gifts Santa has left in the Resources page on Biggerpockets! 

Said tenant failed to hook up the drain line properly both times.

I’m looking to connect with:Partners who can bring resources or experience to the table while I handle the heavy lifting of deal-finding, analysis, and management.Investors interested in deals with clear strategies and long-term potential.While I’d prefer to build a portfolio for the long haul, I understand the market always has buyers.