It’s a rare property with high demand.I’m now reaching out to leaders in the community for help.

@Anthony Wick that definitely is a rare occurence havent heard of that happening myself. 

If not, then you're probably not going to get the answer that's right for you.As a real estate investor (and a licensed attorney in Tulsa, Oklahoma), it's pretty rare for me to think that having rentals in a sole proprietorship is a good idea.

A jurisdiction can allow higher than state required allowed maximum but it is rare (but it appears I have one behind my house). 

@Brandon StevensonWhile using LLC for your rental properties is a great choice for asset protection purpose, doing so for your primary residence is rarely a good option.Doing so would have consequences regarding: Mortgage deduction,Homestead protection,Loss of the section 121 capital gain exclusion,Cost of insurance,Cost of mortgage,Property taxes in some states,

The total square feet combine is 900.

And yes, we are looking to combine capital along with hard money (or private) to acquire property(ies). 

Rental income combined for 2 units is $1700/month.Putting 20% down, mortgage, tax, and ins payments monthly will be $989.  

It is a 9-5 job for them as they are usually an employee of the property management company and they very rarely really know about the investment real estate market other than how to process maintenance requests and handle tenants issues.

On a Standard 203k, there is no upfront money paid to contractors, except in rare circumstances with special delivery items.