With any partnership, be it business, real estate, whatever, make sure your operating agreement (the governing document of an LLC) states a few key things. 1.

subject-to, seller financing, master lease, option to purchase, private loan, partnerships, heloc, credit card......

Partnership is the foundation for everything, and with shared values and goals great things are possible!

We have considered buying vacation homes all over as we love to travel and the income would be nice, haven't pulled the trigger. 

Fortunately the contractor had some connections with property owners in and around that area enabling us to secure a property quickly after forming an LLC/partnership agreement What made you interested in investing in this type of deal?

How long after closing did you pull the trigger on the refi and would you mind sharing the perm lender that let you do that (PM if necessary to not get in trouble ;)]

Or if the interest was received from a corporation, partnership, trust, estate, association, or company, then the lender would not be required to issue a 1098. 

maybe use Loopnet to practice number crunching so wen u do come across a good deal, you will be able to pull trigger confidently

I left the partnership in May 2019 and walked away from the expenses coming.  

@Bjorn Ahlbladit is $100, so no big deal either way...I causally mentioned that I would take it off the refund, and tenant threats lawsuit, so got me triggered...But thank you for your inputs..