@O Samuel AdekolujoHate to state the obvious, but your approach isn't working.Where is the problem, is the question:1) Your assumptions?

The insights I’ve gained so far have been invaluable, and I’m eager to expand my network and grow alongside other professionals in the field.

Given your financial constraints and the property's ineligibility for historic tax credits, this approach allows for reinvestment into assets more aligned with retirement account rules.For future real estate investments, you don't need an LLC for tax reasons.

@Garry LawrenceDevin Moreno has a bunch of videos on rent-by-the-room strategy in Baltimore on hisYoutube channel.

Looking into the future, after we stabilize our current portfolio of loans we intend to start looking for new opportunities on highly discounted distressed debt which fall out from the pandemic.

I would shoot him a text and follow up with a letter through the mail to be 100% sure if I was concerned.

How do the MLSs in the state treat equitable interests?

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?

My goal of refinancing was simply lowering our monthly spending to reallocate towards future investments.

I would talk to the bank first.