Look for ownership name in LLC and address's other than property, these 2 things are very good indicators it's a rental property. 

Let’s share ideas and make connections! 

Quote from @David Krulac: Thanks for sharing, David.

Are you able to share insight about multi-family as well?

The second outcome of purchasing a loan in default is foreclosing and ending up with property ownership.   

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

I'd start by just talking to them, asking if they'd help share the cost 50/50.

Therefore a partnership return will need to be filed and each partner will get a K-1 reporting their share of income.Each investor will then report that income on their return.Taxes will be calculated based on each partner's tax rate.Best of luck.

These developments often need to deal with changes in ownership groups.

So, my advice for you is to go OOS as I've done far better than I would have here.Thank you for sharing your experience.