Are you structuring this as a partnership with the seller?"

However, navigating the legal and financial complexities of Subto deals requires careful attention, so I’d recommend working with a real estate attorney to ensure everything is structured correctly.Securing private money for the closing is a smart move, but ensure your terms allow for flexibility in case of unexpected repairs or delays in cash flow.

But if you go that way try and structure it for what works best for you.

You can refinance with a loan that uses your personal income and debt to income / DTI ratio or a DSCR loan that will use the rental income to structure the loan. 

We are in a supply shortage with high demand BUT there has been a lot of demand on the sideline waiting for rates to fall.

There's a lot of demand and low supply for pet friendly.

Anything structural (adding/taking away walls or square footage)6.

  ( I'm not interested in opinions on LLC ownership or pass through entities and the various tax advantages of those structures - It has to be a C-corp (but thank you anyway)). 

What if the other owner is cheap and doesn't want to touch the parking structure?

It probably depends on the specific market and the supply and demand in that market.