The reality is this is not simply a real estate investment decision it also involves personal lifestyle, life changes, and other factors. 

GET HIM INVOLVED on anything you purchase!

Real Estate can offset taxes if you plan your involvement correctly.

Not sure if you want to get their case worker involved. 

The family land deal would be slightly different, but the other deals may or could possibly look something like this:We have a local workers housing crisis and many want to get involved to help.

I'd love to expand my network and connect with local investors, contractors, wholesalers, and anyone else involved in the real estate scene.

This could involve hiring local property managers to handle day-to-day operations.4.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Wanted input on how much might be involved here to remediate, and what range of costs I am looking at, I fully understand that once the drywall is cut open there might be who knows how much damage to the framing, insulation, and whether it is worth it to even get involved with this property.

Some banks, however, will allow you to do a "transfer of ownership" to move the property back into your personal name when refinancing, but it could involve additional costs and paperwork.Hybrid Approach:Some investors choose to buy property in their personal name, refinance with the bank for better terms, and then transfer ownership to an LLC after the refinance.