I plan to flip the entire building and am seeking a skilled contractor to provide estimates for the rehab costs and to fix the structural issues.

DSTs can act as parking arrangements, providing more time, and they can later do another 1031 exchange out of the DST.

Pay attention to realtors who are wanting to provide value and provide resources and make time for your inquiries without ever expecting anything from you in return.

Can you provide references?

Is there someone that you know that provides these services? 

Just to provide and absolute in this situation, we will sell this home when we move out of Midland.

An approach that we use is to provide value to the homeowner - especially to distressed homeowners.   

Right now we're inquiring with our insurance provider to validate proper coverage, checking with our rental license if it covers uses like this, and working through what a lease would look like. 

.⚠ Cons:Doesn’t provide tax savings beyond pass-through taxation.Some states have higher LLC fees.✔ Best for: Holding LTRs & STRs to protect assets while keeping taxes simple.3) S Corporation – Good for Flipping✅ Pros:Tax savings on flips – Instead of paying self-employment tax (15.3%) on all flip profits, you can take a reasonable salary and distribute the rest as dividends (which aren’t subject to SE tax).Avoids corporate double taxation (unlike a C Corp).⚠ Cons:Doesn’t work well for rentals – Rental income is passive and doesn’t benefit from S Corp structure.Requires paying yourself a “reasonable salary” from flip profits.✔ Best for: House flipping to reduce self-employment taxes.4) C Corporation – Usually Not Necessary for Real Estate✅ Pros:More tax deductions available for larger businesses.Can retain earnings and reinvest.⚠ Cons:Double taxation – Profits are taxed at the corporate level and again when distributed as dividends.Not ideal for holding rentals – No pass-through tax benefits.✔ Best for: Large-scale businesses, not small real estate investors.What’s the Best Setup for You?

Having worked with 1,000's of investors to Broker the properties I sell in my local market, and having worked with dozens of Property Managers, Turnkey Providers, Agents, Property Management Software Companies, Lenders, Inspectors and various other investment real estate vendors to market their products and services on my show, the one thing that stood out to be was the CEO Zach's obsession with the biz.In real estate we've get a lot turnover, a lot of flameout.