I'd go with the first option-keep it in your name and divide the cost by 3.

In regards to skip tracing, find and use a company that has flexible pricing options, volume discounts or discount memberships; this will keep your cost of skip tracing down.

One option is to fix it up & then borrow on the equity sort of BRRR style.

Understand different options we have in RE market 2. 

The city offers a strong rental market and with affordability as well as a median home price below the national average, the city stands out as an attractive option.

As an overseas investor, I've been carefully evaluating different options and have narrowed down to a particular buy box that I'd like to share with you all for your insights and opinions.

Was this not an option for your contractor?

@Landon Harless Happy to chat if you'd ever like to discuss options in Myrtle Beach and Conway.

In todays world there are much better options for the application process but there are LOTS of background/credit check companies on the internet that provide different services and have different pricing. 

If you can house hack and there are available two-families in your area, this is a great option to start.