Asking in the correct forum will get a better response.Read the RULES!

If I understand the Act correctly, the regulation allow one spouse transfer loans to another spouse keeping the existing terms without the regular qualifying requirements.

I would tell them once they contact the credit agencies and correct all the information, they are welcome to apply. 

sign a master lease with a struggling office landlord, have revenue splits.This seems like your only path forward

In this case, the LLC will file taxes as a pass-through entity, meaning the income or losses will be reported on your personal tax returns, and each partner will report their 50% share of the profits or losses on their respective individual tax returns.To make sure you’re doing things correctly, I recommend consulting with a CPA who specializes in real estate investments, as there may be strategies to mitigate tax liabilities or specific deductions you can claim related to the flip.

It’s great that you’re already planning your path in multi-family real estate.

Grace, it’s clear you’re serious about financial freedom, and I respect that you’re thinking through the best path forward.

Small roof repairs are usually fine to do, but ... the foundation should be corrected and settled back in place (usually 1-3months, depending on the method and what was done) before the roof is replaced, or you'll void all warranties that the roof had!

That's the sacrifice to run rental properties correctly. 

Again, this is all with the preface of a C4D done correctly and legally.