This is in effect what you would be doing without a kitchen and bathroom. 

The 1099 has no effect on your taxes.

I am paying for that now.I will also do all of the other due diligence prior to investing - experience of the operator, referrals from those in my Community and network who have invested with the operator, responsiveness and other factors - but proof of effective communication will remain a priority for me. 

Rents accelerated at unprecedented amounts, more multi family built and now here we are at this time feeling the effects of rents stabilizing and experiencing higher vacancy.

If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea! 

In my opinion, the most effective approach is to close on the property and take title.

Very straight forward to use and cost effective.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

It really makes no difference whatsoever…as you will be getting title insurance, either way, and if you ever have a title issue that’s who you would go to anyway…not the previous owner.It has effect on you or the lender, as long as you get owners title insurance (the lender will require lender’s title insurance in any case).You can sell with General Warranty deed when you sell.