If you’re not in any rush, meeting with a lawyer might also help ensure you’re starting off your partnership with a strong foundation.

And 36 Other Key Financial Measures" by Frank Gallinelli"The Millionaire Real Estate Investor" by Gary Keller and Jay Papasan"Hold: How to Find, Buy and Rent Houses for Wealth" by Steve Chader and Jennice Doty"Set for Life" by Scott TrenchThese books will give you a solid foundation for you to begin building your real estate investment portfolio. 

etc.You did not say what the foundation is, slab, crawl space basement, etc. 

@Gary BurnettThe LLC needs to designed utilizing the tenets of the Swanson vs IRS case that established the foundation of the checkbook Ira. 

I personally just got a killer deal because I was willing to do the foundation work that sellers didn’t.

Hidden water damage, foundation issues, asbestos, something that would turn a great deal into a nightmare. 

He could have unpermitted construction that doesn't allow him to legal claim square footage, illegal living space, foundation issues etc...

As I mature I'm open to do this anywhere in the country really, but want to start at home, build a foundation, and adjust as I learn.

The property was inhabitable and required over $100,000 in repairs, including foundation and retaining walls work.

The 3 bedroom house went as expected with no huge concerns.The only one being that there are several vertical cracks in the foundation in the basement that could be an issue.