(Assuming that’s longer a the minimum required.)After that I would probably suggest you hire a PM.

(It may still be standing, but it will be wrecked.) 

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

However, I suggest, only opting for a paid walkthrough with a contractor when you're certain about purchasing the property.

As an agent and investor, I stand by my comments.But you make a good point about underwriting as a long term rental.

My work around was to convert a free standing garage I had into an ADU which will stay on the lot with the old house thus keeping it RSO.Sorry if that was not succinct, its just REALLY complicated.

I been researching hard money lenders but i was wondering if anyone else had some suggestions on ways to get into this game if you lack capital?

Should I maybe suggest he try syndication or even a lease-to-own option? 

Your over thinking it big time @Loren Martin.If doing LLC thinking it's going to give you some magical iron curtain of protection, I suggest you read MN state law regarding entities and how state considers them.

I will follow your suggestion to find an active local agent and see if he/her can provide 3 commercial developers.