The good thing is the city told us and the other investors that they’re willing to work with us on this special case and right now we’re in the middle of conducting a survey to send to the city. 

My main questions:Should I hire a general contractor to manage the entire renovation, or would it be better to hire specialized contractors for each part of the project (flooring, paint, HVAC, etc.)?

UPDATE*I reached out to locally CPA and they claim they can handle preparing my taxes in addition to handling a bonus depreciation.

Create a network, prepare for the future, and conduct extensive due diligence on properties.

Antonio, my fiancée and I are both realtors, I specialize in value add property and my fiancée manages our property management company and is a traditional realtor that specializes in listing properties.  

BP is a great place to start growing your knowledge in preparation for your first investment

I know it and I am prepared for it.

I have been in discussions with someone that specializes in SEO and lead generation for real estate investors, vetted him through references, and he seems to be as advertised.

@Noah Bussanich:On structure, something like the Best Ever Real Estate Syndication book by Joe Fairless will help outline some of the basics.Kim Lisa Taylor on these forums owns a law firm that specializes in syndications, and offers a free book, a free consultation.But the term "how to structure" can mean a lot of things.  

-If these sorts of deals are doable (preferably in NC, but I'm open to other states as well), are there real estate lawyers specializing in this sort of thing?