When it comes to multis, you'll also be able to add in your tenants rents as qualifying income on the property which helps tremendously.

How confident are you on the ARV.

I'm interested in hearing experiences on what companies or custodians work best, what pitfalls to watch out for, and any red flags during the process.

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.

@Samantha Bartlett we've got a lot of PM info on our wesbite, which I cannot list as BP Moderators will delete this post.

It might take at least two years before we can make a substantial down payment on a second home.

Quote from @Evan Thomas Andriola: Cleveland investors,What are your thoughts on investing in a property that is currently vacant? 

I’d like to discuss it with a realtor, but I’m worried that if I disclose the deal, the realtor could bid against me on the property.

Just based on the info you provided I would take the loss and move on.