Quote from @Christian Solis: What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ?  

I had been discussing this property with the owner for a while and saw its potential—distressed but with strong fundamentals and built-in equity.The deal was a great opportunity to apply creative financing, secure a property with minimal upfront capital, and build long-term cash flow.

You find distressed properties and sell the contracts to investors for a fee.Partnering: Partner with investors who have capital.

If there was a house of interest listed it was get there same day and make a strong offer to even have a chance, this doesn't seem to be the case at this moment.

By highlighting properties in high-demand areas like San Ysidro that are ripe for SB-9 developments, you'll attract savvy buyers and investors who are eager for strong returns.

You will have more success finding LP partners to fill the rest of the capital stack alongside of the construction debt.

If you need more to do the rehab, perhaps instead of partnering, you could get your former boss to do a personal loan. 

I bought it with my mentor and partner who has experience in renovation and hard money financing Congrats!

I would love a ideas on what you think might be best to do in the current market and may even be interested in partnering with someone if the numbers work for both parties.

The university’s experienced strong enrollment growth over the past 20+ years, so it could be a good fit if you’re willing to cater to college students or young graduates.