@Ronald Daley - you mean a structural engineer?

We are looking to formalize our business into an appropriate entity structure (recommendations for a local attorney are definitely welcome!)

By structuring the transaction this way, the buyer will not have to put down any of their own money to buy/close. 

From my understanding, the benefits of having an LLC are going to come into play most often for structuring partnership deals and litigation arising from issues on the property.

In most standard policies the insurance company will provide an additional 10% of the dwelling amount for "other structures".

I am looking for some legal advise to determine my business structure in the US.

It also includes regulation A offerings inside of the tier 1 and tier 2 fund structures.

Don't let the business structure hold you back from getting started.

Location limited to Texas, in or around cities like Victoria or Corpus Christi (not expensive MSAs like DFW, Houston, Austin).No particular asset type in mind, could be anything from retail to MF to warehouse or other.Renovation mostly non-structural, although upto 20% structural should be fine.Is there any particular asset type that typically requires major renovation?

I will say the property needs structural support repair so I added in 8k for that plus cosmetics for a 45k rehab budget.