With all due respect, you have zero chance of getting this right (unless I missed something and you're an experienced GC?)

Or should i consult with a CPA and Lawyer who both specialize in real estate taxation and real estate law, respectively?

What's up Jay,Given your situation, here are a few strategies you could consider to secure the rehab budget while respecting the seller's desire to maintain a first-position lien:Home Equity Loan or HELOC:If you own your primary residence or another property, consider tapping into its equity through a Home Equity Loan or Home Equity Line of Credit (HELOC).

I worked with only three buyers that I trusted, respected and knew their buy box very well.

Unless you and your friend are handy yourselves, it's best to talk to contractors who specialize in mobile homes (in their respective areas of expertise) to find out exactly how much it's going to cost to fix up the home.

As noted above, even though Fair Oaks is a mere 20 minutes from East Cobb, the respective markets are vastly different.

U.S. home prices have increased by more than 47% since 2020, according to a recent analysis by ResiClub of the Case-Shiller National Home Price Index, outpacing the growth of the 1990s and 2010s, which saw prices rise 30.1% and 44.7%, respectively.

Respectfully,Ryan Oldham 

Furthermore, delaying decisions may prevent both parties from pursuing new opportunities aligned with their respective goals.Evaluate your long-term financial objectives and personal aspirations for the portfolio.

What's much more dangerous is coming in with guns blazing and getting yourself on the wrong side of a lawsuit.I have an admittedly small sample size of one with respect to inheriting existing tenants.