Including equity with the debt paydown this would be a ROI of 11.9%.The home is advertised as in the finishing stages of being refurbished/upgraded with some finishing touches still needed on the outside (although it sounds like they intend to finish the work and have it move in ready before selling, I’m just going from a Zillow post here).  

We currently have three properties, one is rented and the others are at various stages of rehab.

Don’t just dump it into a bin. "  I live in a historic house, in a historic neighborhood where we are in constant stages of renovation and dealing with lead paint is common.   

I should pay more attention to smokers in the application stage.

Our principal deduction each month is around 700/month at this stage of the mortgage.  

The question is - with limited time and experience (outside of hard money lending and 1 investment property) is the Limited Partner role a better position at this stage in my journey?

And, in this stage and until the foreclosure process is completed, you cannot obtain Title Insurance. 

Yes for access and staging equipment. 

Then you have to stage it and design it and did I mention the materials that everyone wants (granite, tile, etc.) are expensive?

Most of us start with single-family homes for rental property which is the stage that I am in  now .