An attorney will be able to advise the best type of legal structure to support what you want to do.You want everything to be done in writing and by an attorney, because in spite of what some people think something written on the back of an envelop isn't always going to stand up in court if their is legal president or law making something illegal and as a non lawyer you would have no way of knowing that. 2) You own the property, they carry the mortgage and note that is filed, just like with a bank.

I'm in the process of forming a single member LLC to do this and am struggling with finding non-contradictory advice as far as what election to choose (disregarded, s-corp, or c-corp).

You both elected to contribute properties into one LLC. 

However, a fix-and-flip investor might be incorporated (and then perhaps claim the subchapter S election so the profits and losses "flow through" to the owner as they do with a partnership or a sole proprietorship), and take title to its projects in the corporation's name.

But I always think of what President Eisenhower said about planning "In preparing for battle I have always found that plans are useless, but planning is indispensable."

Regular credit card payments around 300 month total ( Thats double the minimum payment in order to pay it down ) cable bill elect etc. the usual.

The website mentioned below, corporationwiki.com gives more information regarding the actual owners, presidents, members etc.Thank you for your help!

I am now 60 years but I was getting readi to be recruited to Vietnam when I was 17 getting to turn 18 but that was stopped by the President just in time.  

On Friday, I received an email:"The President has the Loan Underwriting on his desk.

Seller then backed out of agreement for crawlspace insulation (which we elected at the time not to push), however the additional work of the french drain/sump pump does not meet Form 34 agreement.At this point, the seller is offering a minimal credit (not enough to cover the outstanding work from the Form 34) and not addressing the issue of the crawlspace insulation originally agreed to in writing prior to the submission of the offer.